Question: A company's strategy is a work in progress and evolves over time because of an ongoing need to experiment with new and / or different

A company's strategy is a "work in progress" and evolves over time because of

an ongoing need to experiment with new and

/

or different ways to outmaneuver rivals, gain market share, and bobst the company's stock price.

the need to react and respond to changing market and competitive conditions and ongoing management efforts to improve this or that piece of the strategy.

the importance of copying the latest strategic moves of the industry leader.

an ongoing need to make periodic adjustments in the company's business model.

the importance of developing a fresh strategy at least once a year.

A company's strategy is a "work in progress" and evolves over

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