1. "In a world of constant change, strategy is redundant. What
... possible changes in the business environment and in the industry. With the emergence of e-businesses and the ease to access the Internet, some companies have had to react accordingly in order to remain in the market. In the music industry, the music giant Sony had to take appropriate steps to compete with new entrants in the Internet music industry such as Napster or Kazaa. Indeed these companies offered the possibility to download new songs ... and music at cheaper prices. This is an example of a change which may occur in an industry and ... to which a company needs to respond rapidly ...
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