When Firms Align Their Internal Cultures with a Strong External

question 1

Multiple Choice

When firms align their internal cultures with a strong external market strategy this creates:

• A)competitive advantage and higher levels of financial performance
• B)insular thinking and competition
• C)high levels of cohesion and unhealthy promotion practices
• D)results orientation and risk aversion
• E)orientation toward excellence and resistance to change

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Definitions:

Growth Increase

An upward trend in the expansion of an economy or business, indicated by rising output, sales, or other success metrics.

Macroeconomics

The branch of economics dealing with the performance, structure, behavior, and decision-making of an economy as a whole, rather than individual markets.

National Economy

The economic activities and performance of a specific nation, considering all its stakeholders.

Interactions

Interactions refer to the reciprocal action or influence that entities or phenomena have upon one another within any system or environment.