Question

Why strategic alternatives are important for a successful organization?

Answer 1

Answer:

Strategic alternatives are important for an organization because the market keeps changing. In order for an organization to stay successful, it needs to keep changing its ways and building new strategies to counter new behaviors.

If they remain stagnant while the atmosphere of behaviours is changing, then it would remain behind  other companies and fail to sell its products.

Thanks

Answer 2

Explanation:

Strategic Alternatives are developed to sets direction in which human and material resources of business will be applied for a greater chance of achieving selected goals. The strategy is a comprehensive concept and, for this reason, it is often used indifferent ways.