A company's strategy

Multiple Choice

consists of initial and developing approaches aiming to ensure long$-$term growth.

tends to be a combination of both proactive and reactive elements, with certain elements being abandoned because they have become obsolete or ineffective.

is mainly affected by a reactive approach because uncertainty is high.

is mostly proactive and consists of strategy elements that are both planned and realized as planned.

generally consists of new strategy elements and strategic moves that emerge as changing conditions warrant.