An auto company's management team has announced a new product development strategy in response to tepid sales over the past three quarters.This is an example of ________.
A) bottom-up reorientation
B) top-down re-creation
C) bottom-up tuning
D) top-down adaptation

Question

Quizplus · Accepted Answer

Top-down re-creation involves management initiating significant changes in response to challenges or opportunities, such as declining sales, by developing new strategies or products.

An Auto Company's Management Team Has Announced a New Product