Asked by Riranda Moorman on Jun 26, 2024
Verified
Which condition is LEAST important for the success of a new strategy?
A) It is similar to a strategy that was previously successful.
B) It is based on the core competencies of the organization.
C) It is compatible with significant changes in the external environment.
D) It has a few clear themes relevant to the shared values of the members.
Core Competencies
Fundamental strengths or advantages of an individual or organization, essential for their success and competitiveness.
External Environment
Refers to factors outside of an organization that can impact its operation and success, including economic, political, social, technological, and legal factors.
Strategy Success
The achievement of predetermined objectives and goals through the effective implementation of a plan.
- Explore the strategic responsibilities of top executives in formulating future strategies for organizational survival and prosperity.
Verified Answer
Learning Objectives
- Explore the strategic responsibilities of top executives in formulating future strategies for organizational survival and prosperity.
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