A set of capabilities used to respond to various demands and opportunities existing in a dynamic and uncertain competitive environment is:
A) strategic flexibility.
B) disruptive technology.
C) information,intelligence and expertise.
D) performance standards.

Question

Quizplus · Accepted Answer

Strategic flexibility is the ability of an organization to adjust its strategies, products, and services in response to changing demands and opportunities in a dynamic and uncertain competitive environment. It involves developing and nurturing a flexible mindset and culture, as well as building a broad range of capabilities and resources that can be used to adapt to changing circumstances. Disruptive technology, information, intelligence, and expertise, and performance standards are important components of strategic flexibility, but none of them on their own capture the full range of capabilities necessary for responding to a dynamic and uncertain competitive environment.

A Set of Capabilities Used to Respond to Various Demands