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Strategic Agility: Definition & Examples

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

Which of the following is necessary for a company to have strategic agility?

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1. When a company has a workforce that is trained to do various positions, that company has what?

2. Lacking _____ means resources will not be distributed quickly and efficiently, which can cause problems with strategic agility.

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About This Quiz & Worksheet

The quiz and worksheet, which can be used whenever you need them, help test your knowledge of strategic agility. What a company needs to have this type of agility and companies being able to adjust their products quickly are some topics on the quiz.

Quiz & Worksheet Goals

The goal of these resources is to see what you know about:

  • The process of being able to switch products quickly because of a demand for a new product
  • Not being able to distribute resources quickly and efficiently
  • What a company needs to have strategic agility
  • Something a company has if it has a workforce that can do various positions

Skills Practiced

  • Reading comprehension - ensure that you draw the most important information from the lesson on strategic agility
  • Knowledge application - use your knowledge to answer questions about companies being adaptable
  • Making connections - use understanding of the concept of strategic agility and ways it benefits a company

Additional Learning

Keep learning about these business topics with the lesson, Strategic Agility: Definition & Examples. Thanks to this lesson, you can cover more about:

  • The benefits of having strategic agility
  • Components of strategic agility
  • Ways to gain a competitive advantage
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