Business Studies · Strategic Management
An organization prepared a strategy framework after evaluating all expected situations, but post-implementation found it ineffective in unplanned circumstances. What is the fundamental nature of business strategy that explains this?
- 1Strategy is purely reactive and has no proactive component
- 2Strategy is completely static and unchangeable
- 3Strategy suffers from a complete lack of analysis and planning
- 4Strategy is partly proactive and partly reactive✓
Correct answer
Strategy is partly proactive and partly reactive
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