Strategic flexibility is the ability to shift from one dominant strategy to another.

Name: Strategic flexibility is the ability to shift from one dominant strategy to another.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Strategic flexibility refers to the ability of an organization to switch from one dominant strategy to another in response to changes in the business environment or unexpected events. This allows the organization to adapt to changing circumstances and maintain competitiveness in the long term. Therefore, the statement is true.

Strategic Flexibility Is the Ability to Shift from One Dominant