Managers must be prepared to modify their strategy except when
A)changing circumstances affect performance and the desire to improve the current strategy.
B)rivals make or adjust moves in the market due to the shifting needs of buyers.
C)encountering stagnating market conditions and increasingly restrictive new customer acquisition opportunities.
D)evidence is mounting that the current strategy is becoming less effective.
E)rivals announce their monthly profit margins in public.

Question

Quizplus · Accepted Answer

Managers should be prepared to modify their strategy in response to changing circumstances, market shifts, and evidence of decreasing effectiveness of the current strategy. However, rivals announcing their monthly profit margins in public does not necessarily require a strategy change unless this information directly impacts the company's competitive position or market dynamics.

Managers Must Be Prepared to Modify Their Strategy Except When