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Business, 29.07.2019 18:10 Throwback633

Which of the following statements about a company's strategy is true? a company's strategy is typically a blend of proactive and reactive strategy elements, with some prior strategy elements being abandoned for reasons of obsolescence or ineffectiveness. a company's strategy is mostly hidden to outside view and is deliberately kept under wraps by top- level managers (so as to catch rival companies by surprise when the strategy is launched). a company's strategy is developed mostly on the fly because of the ongoing need to react to new product offerings by rivals—no strategy can be successful for long unless a company keeps its product offering distinctively different and set apart from the offerings of its competitors. a company's strategy generally changes very little over time unless a newly-appointed ceo decides to take the company in a new direction with a new strategy. a company's strategy is typically planned well in advance and usually deviates little from the planned set of actions and business approaches because of the risks of making changes without adequate analysis and planning.

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