Question: Question 5 5 pts A company's strategy is a work in progress and evolves over time due to: an ongoing need to experiment with risky,

Question

5

5

pts

A company's strategy is a "work in progress" and evolves over time due to:

an ongoing need to experiment with risky, fresh, innovative strategic moves at least once every year.

the ongoing need of company managers to react and respond to changing market conditions, advancing technology, the fresh moves of competitors, shifting buyer needs and preferences, emerging market opportunities, new ideas for improving the strategy, and

/

or mounting evidence that the strategy is not working well.

the frequent need to modify all key elements of the company's business model.

constant changes in the company's strategic vision, mission and performance targets.

all four other optional answers are correct.

Question 5 5 pts A company's strategy is a "work in

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