Question

Adapting to new conditions like new innovations by competitors, fast-changing technological developments, and constantly evaluating what is working result in A. an assured profitability strategy.B. a broad market entry strategy.
C.an emergent strategy.D. unlimited revenue generation.E. a proactive strategy.

Answer 1

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.