________ occurs when a firm tries to offer an entirely new strategy,unlike introducing a new product or service.
A)Public hosting
B)Sustained regeneration
C)Organized rejuvenation
D)Strategic renewal
E)Domain definition

Question

Quizplus · Accepted Answer

Strategic renewal occurs when a firm undertakes efforts to revitalize its strategy, often through significant changes in its business model, strategic direction, or competitive approach, rather than merely introducing new products or services.

________ Occurs When a Firm Tries to Offer an Entirely