Answer: The correct answer is "C.an emergent strategy.".
Explanation: Adapting to new conditions like new innovations by competitors, fast-changing technological developments, and constantly evaluating what is working result in an emergent strategy.
Although not intentional, adopting an emerging strategy can help a company adapt more flexibly to the practical aspects of changing market conditions.
With this strategy a destination or a planning point is not assumed. On the contrary, the approach is that the strategy will emerge and develop as the organization advances.
The strategy arises as more is discovered about the environment and the views on the world, the needs of the clients, proposals and intentions are evaluated. It is a process of learning and adaptation.
Answer:
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Explanation:
financial acc practice ex 1
Answer:
The correct answer is letter "D": franchises.
Explanation:
Franchises are business structures in which franchisees access the trademarks and proprietary rights of a franchisor to use its brand name and products in exchange for a fee charged on a regular basis. Franchising avoids a new company spending money on activities related to promoting a new business since the franchisor already has a well-known name in the market.
<em>MacDonald's represents the largest franchise in the U.S. in 2020 according to Franchise Direct.</em>