Which of the following best defines strategic dissonance?
A) It is a reluctance to change strategies or competitive practices that have been successful in the past.
B) It is a discrepancy between a company's intended strategy and the strategic actions taken by managers while implementing that strategy.
C) It is a risk-seeking strategy that aims to create and acquire companies in completely unrelated businesses.
D) It is a corporate-level strategy that minimizes risk by diversifying investment among various businesses or product lines.

Question

Quizplus · Accepted Answer

Strategic dissonance refers to the situation where there is a discrepancy between a company's intended strategy and the strategic actions taken by managers while implementing that strategy. This can happen due to various reasons, such as resistance from employees, inadequate resources, or changing market conditions. It can lead to inefficiencies, lost opportunities, and poor performance. Companies need to identify and resolve such dissonance to stay competitive and achieve their goals. The other options do not accurately define strategic dissonance.

Which of the Following Best Defines Strategic Dissonance