During the final stage of developing and implementing a company strategy, what factors often cause the company to adjust its objectives or mission statement?

- technology forces in strategic management

-change in executive management

-competition from other businesses

-transformation in organizational structure.

Explanation:

-company can Change strategy due to availability or lack of adequate technological capabilities.

- reshuffling board of directors can lead to change in objectives due to change of views by director.

-anticipated competition from target market can facilitate review of objective in other to induce competitive advantage.

- additional structural transformation such as mergers and expansion to some other market can necessitate adjustment of objective to realign the mission of organization.