Which of the following best explains why existing policies and procedures should be carefully reviewed when a company adopts a new strategy?

Multiple choice question.

Policies and procedures are typically out of date, so reviewing them when implementing a new strategy is simply good housekeeping.

A new strategy often results in a reduction of the workforce, and policies and procedures should be revised when there are layoffs.

When a company adopts a new strategy, some changes in work practices are usually needed, and these are addressed in policies and procedures.

New policies and procedures are needed in order to establish credibility and generate enthusiasm for the new strategy.