A company's strategy

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

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

C. consists of initial and developing approaches aiming to ensure long-term growth. is mainly affected by a reactive approach because uncertainty is high.

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

Question

Janelle

Business

25 December, 13:13

A company's strategy

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

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

C. consists of initial and developing approaches aiming to ensure long-term growth. is mainly affected by a reactive approach because uncertainty is high.

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

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Answers (1)

Know the Answer?

Moises Pierce · Answer 1

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

Explanation:

The strategy of a company is as follows -

A business strategy aligns with core of the business purpose and mission, and the aim is to act as the road map for - growth, competitiveness, sustained profitability.

Companies generates strategies for every area of the operation of business.

The strategy consists of -

short and long term plans for the activities and methods required to accomplish goals and milestones.

hence, from the options given in the question, the correct option about the company's strategy is (B).