Which of the following strategic choices and decisions is likely to lead to strategic mistakes and failure? Please select all that apply.

Question

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Attempting growth without adequate skills or experience can lead to mistakes and failure because the organization may not have the capacity to handle the new demands. Projections of over-estimated demand can lead to investing too much into a project that may not reach the estimated demand. Inappropriate transfer of an old business model to a new one can lead to negative consequences if the new market operates differently from the old market. The creation of a significantly differentiated offering, for which the company charges a premium, may have its own challenges, but it is not necessarily a choice that will lead to strategic mistakes and failure. A study of a very large European telecommunications firm identified a number of strategic choices and decisions that are likely to lead to strategic mistakes and failure (Baumard and Starbuck, 2005). These included attempted growth into a new domain without adequate skills or experience, projections of over-estimated demand, and inappropriately transferring an old business model to a new situation.

Which of the Following Strategic Choices and Decisions Is Likely