In a market-oriented redesign, how does the new structure influence business strategy?

Prepare for the WGU BUS2080 D081 Innovative and Strategic Thinking Test. Enhance your strategic skills with focused exam content. Access valuable insights for passing the exam!

The new structure in a market-oriented redesign significantly influences business strategy by responding to external threats and opportunities. This approach prioritizes understanding and adapting to the market dynamics, which includes analyzing consumer behavior, competitive landscape, and technological changes. By being attuned to these external factors, a business can align its strategy to better meet customer needs, capitalize on emerging trends, and effectively mitigate risks posed by competitors or market fluctuations.

This responsiveness fosters agility within the organization, allowing it to pivot or innovate in response to changing conditions. As a result, businesses can maintain their competitive advantage and ensure long-term sustainability by being proactive rather than reactive.

Other options, while they address aspects of business operations, do not capture the essence of a market-oriented approach as effectively. Increasing production levels may happen as a consequence of a revised strategy, but it does not directly relate to responding to the market. Focusing on internal efficiency is essential but is more about optimizing current operations rather than adapting to external factors. Limiting consumer choices contradicts the goal of a market-oriented redesign, which seeks to enhance offerings and better serve customer preferences.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy