One of the challenges faced by managers wishing to implement strategic change is
A) financial constraints
B) organizational readiness
C) priorities of the Board of Directors
D) likelihood of a competitive response

Question

Quizplus · Accepted Answer

Organizational readiness is a crucial factor in implementing strategic change, as it involves ensuring that the company's culture, structure, and employees are ready and willing to accept and embrace the proposed changes. Financial constraints, priorities of the Board of Directors, and the likelihood of a competitive response can also pose challenges, but they are not as fundamental as organizational readiness.

One of the Challenges Faced by Managers Wishing to Implement