Valid reason why firm might pursue flexible strategy

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Reference no: EM132161322

1. Which of the following is a valid reason why a firm might pursue a flexible strategy?

1. Flexibility is necessary to pursue first mover advantages. 2. Organizational resources change. 3. Performance is not acceptable. 4. All of the above are valid reasons.

2. Imitation by competitors is generally not a concern for businesses employing the low-cost strategy.

True False

3. Which of the following is not an advantage of tall organizations?

1. more effective communication 2. less difficulty in planning 3. increased authority for managers 4. All of the above are advantages.

Reference no: EM132161322

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