BUSINESS ADMINISTRATION
STRATEGIC MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Among most companies today, especially the larger ones, it is not enough to be efficient in operating the business. That is still important, but, in addition, a strategy to adapt a company properly to its changing environment is essential for success (r. 26-28). La frase destacada hace referencia a:
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compañías exitosas
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su entorno cambiante
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una compañía
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Explanation:
Detailed explanation-1: -Changing business strategies typically involves analyzing your current business practices and determining where and when adjustments are required. Adapting your business model involves risks, so plan ahead and examine alternatives before taking any action to modify your company’s strategic plan.
Detailed explanation-2: -It’s far less disruptive to choose an organizational design that works without major conflicts and then design a customized strategic system to align that structure to the strategy. A management system based on the balanced scorecard framework is the best way to align strategy and structure, the authors suggest.
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