Asked by Oriana Gallardo on Jun 11, 2024
Verified
An example of a strategic change is switching from building houses to building high-rise apartments.
Strategic Change
The process of reevaluating and modifying an organization's strategy to respond to internal or external opportunities, challenges, or threats.
High-rise Apartments
Residential buildings that are significantly taller than traditional housing, containing multiple floors or levels of apartments.
- Distinguish between different types of changes such as strategic and incremental changes.
Verified Answer
FA
Fabiola ArguihoJun 17, 2024
Final Answer :
True
Explanation :
This is a strategic change because it involves a shift in the company's focus and requires different resources, skills, and processes. Building high-rise apartments requires a different approach to design, construction, and marketing than building houses, and may involve new partnerships or acquisition of new land.
Learning Objectives
- Distinguish between different types of changes such as strategic and incremental changes.
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