It is normal for a company's strategy to end up being
A)left unchanged from management's original planned set of actions and business approaches since making on-the-spot changes is too risky.
B)a combination of defensive moves to protect the company's market share and offensive initiatives to set the company's product offering apart from its rivals.
C)like the strategies of other industry members since all companies are confronting much the same market conditions and competitive pressures.
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)a mirror image of its business model,so as to avoid impairing company profitability.

Question

Quizplus · Accepted Answer

A company's strategy is rarely set in stone and must adapt to changing market conditions and unforeseen events. While there may be deliberate planned actions, companies must also be able to make unplanned reactions to achieve competitiveness and financial performance. Defensive moves and offensive initiatives may also be necessary to protect market share and differentiate from rivals. It is unlikely that a company's strategy will be identical to others in the industry, and mimicking the business model may not always lead to profitability.

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