Asked by Oriana Gallardo on Jun 11, 2024

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An example of a strategic change is switching from building houses to building high-rise apartments.

Strategic Change

The process of reevaluating and modifying an organization's strategy to respond to internal or external opportunities, challenges, or threats.

High-rise Apartments

Residential buildings that are significantly taller than traditional housing, containing multiple floors or levels of apartments.

  • Distinguish between different types of changes such as strategic and incremental changes.
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Fabiola ArguihoJun 17, 2024
Final Answer :
True
Explanation :
This is a strategic change because it involves a shift in the company's focus and requires different resources, skills, and processes. Building high-rise apartments requires a different approach to design, construction, and marketing than building houses, and may involve new partnerships or acquisition of new land.