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Management · Q140

Strategic Management

Graduate and Post Graduate · Management · question 140

Q140

To succeed, Ansoff (1987) demands that organizations become

A.
more aggressive in terms of competitive strategies and entrepreneurialism or change orientation
Answer
B.
more aggressive in terms of competitive strategies
C.
more aggressive in terms of competitive strategies and in their pursuit of opportunities
D.
more aggressive in terms of competitive strategies and innovation

Answer: Option A

Solution

Answer: Option A
Solution:
To succeed, Ansoff (1987) demands that organizations become more aggressive in terms of competitive strategies and entrepreneurialism or change orientation. A competitive strategy may be defined as a long-term plan of action that a company devises towards achieving a competitive advantage over its competitors after examining the strengths and weaknesses of the latter and comparing them to its own.