As the competitive environment changes, strategic management must focus on different aspects of the organization. Recently, strategic management has moved from focusing on tangible resources to
A)fixed capital.
B)working capital.
C)investment capital.
D)intangible resources.

Question

Quizplus · Accepted Answer

For most of the twentieth century, managers focused on tangible resources such as land, equipment, and money and intangibles like brands, image, and customer loyalty. Today, more than 50 percent of the GDP in developed economies is knowledge-based; it is based on intellectual assets and intangible people skills.

As the Competitive Environment Changes, Strategic Management Must Focus on Different