Instead of creating detailed strategic plans, the leaders of market-based companies (companies that respond quickly to environmental changes) set flexible directions so as to allow for change and seize opportunities when they come.

Question

Quizplus · Accepted Answer

The statement is true as market-based companies prioritize adapting to environmental changes and remaining flexible in their strategies, rather than sticking to rigid plans. This allows them to respond quickly to market shifts and capitalize on new opportunities as they arise.

Instead of Creating Detailed Strategic Plans, the Leaders of Market-Based