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Theories of how to gain competitive advantage in an industry that emerge over time or that have been radically reshaped once they are initially implemented are known as A) emergent strategies. B) objective
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Theories of how to gain competitive advantage in an industry that emerge over time or that have been radically reshaped once they are initially implemented are known as

A) emergent strategies.
B) objective strategies.
C) planned strategies.
D) ad hoc strategies.

User Panagiotis Kanavos
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Final answer:

Emergent strategies are theories of gaining competitive advantage in an industry that evolve over time or are reshaped once implemented.

Step-by-step explanation:

The correct answer is A) emergent strategies.

Emergent strategies are theories of gaining competitive advantage in an industry that emerge over time or are radically reshaped once they are initially implemented. These strategies are not planned from the start, but evolve as businesses respond to changing market conditions or unexpected opportunities. For example, a company may initially plan to enter an industry with a specific product or service, but as they learn more about the market and customer needs, they may adjust their strategy to focus on a different product or target market.

User HHeckner
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