________ is the ability to recognize major external changes, to quickly commit resources, and to recognize when a strategic decision is not working.
A) Strategic apprenticeship
B) Strategic flexibility
C) Strategic leadership
D) Strategic management

Question

Quizplus · Accepted Answer

Strategic flexibility refers to the ability of an organization to quickly and effectively respond to external changes in the environment. This includes being able to commit resources and make strategic decisions when necessary, as well as recognizing and adjusting when a particular strategy is not working. Strategic leadership and management are important components of achieving strategic flexibility, but on their own do not fully capture the concept. Strategic apprenticeship is not a recognized term in the field of management.

________ Is the Ability to Recognize Major External Changes, to Quickly