To which of the following firms is the term "repeatedly evolving strategy" MOST applicable? A government agency that makes plans for a set period of time and implements them phase by phase through the tenure A mobile company, established in a saturated market, that aims at quarterly release of new products A new cosmetics manufacturer in a market that replicates the products of a competitor at a moderate quality and lower price A nationalized bank that lends at a lower interest rate but a zero processing fee in a market crowded with privatized banks running at high cost A firearms regulatory agency, set up by the government, that publishes industry standards for safety, reliability, and quality of arms and ammunition

Question

Business

Braydon Mathews

30 April, 08:49

To which of the following firms is the term "repeatedly evolving strategy" MOST applicable? A government agency that makes plans for a set period of time and implements them phase by phase through the tenure A mobile company, established in a saturated market, that aims at quarterly release of new products A new cosmetics manufacturer in a market that replicates the products of a competitor at a moderate quality and lower price A nationalized bank that lends at a lower interest rate but a zero processing fee in a market crowded with privatized banks running at high cost A firearms regulatory agency, set up by the government, that publishes industry standards for safety, reliability, and quality of arms and ammunition

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Answers (1)

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Dayami Stevens · Answer 1

A mobile company, established in a saturated market, that aims at quarterly release of new products.

Explanation:

Repeatedly evolving strategy is the strategy, which takes time but eventually is a high level strategy.

Here, in the option chosen, the company has its own strategy which shall develop with time, and then it is different from any other company, as the mobiles will be developed each new day, for good programming and will tend to increase day by day, its customers with innovation and technology.

Thus, as this strategy will take time and will repeat its actions to develop and thereafter, will grow gradually, this will be categorized as a repeatedly evolving strategy.