Which of the following should be applied to a company's existing policies and procedures when a new strategy is put into action? $($Choose every correct answer.$)$

Multiple select question.

Management should create an entirely new set of policies and procedures.

A company's policies and procedures should only be altered by the board of directors.

Policies and procedures that are incompatible with the new strategy should be discarded.

The company's policies and procedures should be revised to reflect the new strategy.