The link between performance and strategy is:
A) Both are needed for the firm's survival and prosperity
B) Firms that do not have a strategy will go immediately bankrupt
C) One cannot directly see which strategic variables impact performance
D) The two sources of superior performance define the two basic levels of strategy within a firm
Correct Answer:
Verified
Q24: In practice, strategy making is:
A)A combination of
Q25: Strategy can be:
A)Intended, emergent, or realized
B)Intended, emergent,
Q26: When the environment becomes more turbulent, unpredictable,
Q27: Two schools of thought consider the strategic
Q28: Strategy fulfills three major roles. It is
Q30: Between the two levels of strategy, the
Q31: Strategy analysis does not generate unique solutions
Q32: How do corporate level strategy and business
Q33: Business strategy defines:
A)The way a firm competes
Q47: The two questions of "where" and "how"
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