Question: A company's strategy is a work in progress and evolves over time because of the ongoing need to imitate the new strategic moves of the
A company's strategy is a "work in progress" and evolves over time because of the
ongoing need to imitate the new strategic moves of the industry leaders.
importance of developing a fresh strategic plan every year that keeps employees from becoming bored with executing the same strategy year after year.
need to make regular adjustments in the company's strategic vision.
ongoing need of company managers to react and respond to changing market and competitive conditions.
frequent need to modify key elements of the company's business model.
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