Strategic _____ refers to a firm's capability to consistently identify and seize opportunities more quickly and effectively than rivals.
A) alliance
B) agility
C) stock
D) equity

Question

Quizplus · Accepted Answer

Strategic agility is the capability to adapt and respond quickly and effectively to changes in the business environment, and identify and seize opportunities faster than competitors. This involves being flexible, creative, and innovative, and having the ability to make strategic decisions and implement them swiftly. Strategic agility is a key component of competitive advantage, as it enables a firm to stay ahead of the competition and capitalize on emerging trends and markets.

Strategic _____ Refers to a Firm's Capability to Consistently Identify