Question

shareholders might demand a different strategic direction for a business forcing change. what level of change is occurring?societal level developmentsindustrial-level developmentsfirm-level developmentseconomic level developments

Answer 1

Shareholders demanding a different strategic direction for a business signifies a firm-level development.

Step-by-step explanation:

When shareholders demand a different strategic direction for a business, it signifies a firm-level development.

Firm-level developments are changes that occur within a specific organization due to internal factors.

In this case, the demand for a different strategic direction by shareholders would force the business to undergo a change in its overall strategy and operations.