____ refers to actions taken by managers to adapt a company to changes in its market and sociopolitical environments.

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Strategic management refers to the process of identifying and implementing strategies that will help a company achieve its goals and objectives. This includes adapting the company to changes in its market and sociopolitical environments, such as shifting consumer preferences or changes in government regulations. Organizational development focuses more on the internal processes and structures within a company, while social activism refers to using company resources to promote social or political causes. Value migration refers specifically to the shift in customer demand and industry focus from one type of product or service to another.

____ Refers to Actions Taken by Managers to Adapt a Company