Which of the following is not one of the basic reasons that a company's strategy evolves over time?
A)An ongoing need to abandon those strategy features that are no longer working well
B)The proactive efforts of company managers to improve the company's financial performance and secure a competitive advantage
C)The need on the part of company managers to make no adjustments to the company's business model
D)The need to respond to the actions and competitive moves of rival firms
E)The need to keep strategy in step with changing industry and competitive conditions

Question

Quizplus · Accepted Answer

The need to make no adjustments to the company's business model is not a basic reason for a company's strategy to evolve over time. In fact, the need to consistently make adjustments and improvements is important for a company to remain competitive and successful. The other options (A, B, D, and E) all provide valid reasons for a company's strategy to evolve over time.

Which of the Following Is Not One of the Basic