Question

Changes in which of the following areas did you identify as the main causes of strategic change?
(i) Environment
(ii) Business relationships
(iii) Technology
(iv) People
Select the correct answer from the options given below-

• A. (i) , (ii) and (iv)
• B. (i), (ii), (iii)
• C. (ii), (iii) and (iv)
• D. All of the above

Answer 1

The correct option is C (ii), (iii) and (iv)

Changes in the following areas can be identified as the main causes of strategic change:(a) Business relationships
(b) Technology

(c) People

Strategic change refers to an important organizational change. Strategic change can be defined as a process through which restructuring the organizational business or marketing plan is done, which was typically performed from a period of time in order to achieve some set objectives.