How would one decide whether to simply redirect

Reference no: EM133442549

Under what conditions would it make sense to cancel or reverse the implementation of a strategy for which there has already been substantial investment such as hiring and training staff, purchasing equipment, constructing facilities, negotiating contracts, launching marketing campaigns, etc.? how would one decide whether to simply redirect in a slightly different strategic direction or cancel. Can you help by providing a real-world example to illustrate the ideas.

Reference no: EM133442549

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