In the course of strategy evaluation if you discover that major changes have occurred in the firm's internal strategic position,you should
A) continue on the present strategic course.
B) wait until the next quarter to see if things revert.
C) take corrective actions.
D) follow the original strategic plan.
E) None of the above

Question

Quizplus · Accepted Answer

If major changes have occurred in the firm's internal strategic position, it is important to take corrective actions in order to ensure the continued success and effectiveness of the strategic plan. Continuing on the present strategic course or following the original plan may no longer be feasible or effective, and waiting to see if things revert could potentially lead to further deterioration of the firm's position. Therefore, taking corrective actions is the best choice in this scenario.

In the Course of Strategy Evaluation If You Discover That