A Company's Strategy Is a "Work in Progress" and Evolves

Multiple Choice

A company's strategy is a "work in progress" and evolves over time because of the

A) ongoing need of company managers to react and respond to changing industry and competitive conditions.
B) ongoing need to imitate the new strategic moves of the industry leaders.
C) need to make regular adjustments in the company's strategic vision.
D) importance of developing a fresh strategic plan every year.
E) frequent need to modify key elements of the company's business model.