It is normal for a company's strategy to end up being
A) a blend of offensive actions and defensive moves to counteract changing market conditions to improve the company's profitability.
B) a combination of conservative moves to protect the company's market share and somewhat more risky initiatives to set the company's product offering apart from rivals.
C) a close imitation of the strategy employed by the recognized industry leader.
D) a blend of deliberate planned actions to improve the company's competitiveness and financial performance and as-needed unplanned reactions to unanticipated developments and fresh market conditions.
E) more a product of clever entrepreneurship than of efforts to clearly set a company's product/service offering apart from the offerings of rivals.

Question

Quizplus · Accepted Answer

It is normal for a company's strategy to be a mix of planned and unplanned actions. Deliberate actions are required to improve a company's competitiveness and financial performance, while unplanned responses are required to address unanticipated developments and changing market circumstances. This combination of proactive and reactive initiatives is essential for achieving long-term success in today's dynamic business environment.

It Is Normal for a Company's Strategy to End Up