An Organization's Strategy Is a Specific Pattern of Decisions and Actions

question 43

True/False

An organization's strategy is a specific pattern of decisions and actions that managers take to use core competences to achieve a competitive advantage and outperform competitors.

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Definitions:

Societal Laws

Societal laws are rules and regulations established by a community or country to regulate behavior and maintain order and peace among its members.

Conventional Stage

A stage in moral development where individuals' reasoning is based on conforming to social norms and expectations.

Kohlberg

Refers to Lawrence Kohlberg, who developed a theory of moral development consisting of three levels and six stages.

Morality

Principles concerning the distinction between right and wrong or good and bad behavior, often guided by cultural, religious, or personal beliefs.