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Management · Q73

Strategic Management

Graduate and Post Graduate · Management · question 73

Q73

Select the statement that best applies to emergent strategies. Emergent strategy...

A.
implies an ability to react to events
Answer
B.
implies strategizing
C.
implies no deviation from plans
D.
implies constant evaluation of the bigger picture

Answer: Option A

Solution

Answer: Option A
Solution:
Emergent strategy implies an ability to react to events. An emergent strategy is a pattern of action that develops over time in an organization in the absence of a specific mission and goals, or despite a mission and goals. Emergent strategy is sometimes called realized strategy.