To determine a large firm's strategy, it's sufficient to read the annual corporate report.

Question

Quizplus · Accepted Answer

Reading the annual corporate report can provide some information about a firm's strategy, but it is not sufficient to fully understand their strategy. A company's strategy is a complex and multifaceted process that involves many factors, including market analysis, competitor research, and internal capabilities. A comprehensive understanding of a firm's strategy also requires analyzing their actions and decisions over time, as well as examining industry trends and macroeconomic factors. Therefore, while the annual corporate report may provide some insight into a firm's strategy, it should not be relied on as the sole source of information.

To Determine a Large Firm's Strategy, It's Sufficient to Read