Elements of Strategy Can Be Capsulated into Four Core Elements--The

question 13

True/False

elements of strategy can be capsulated into four core elements--the product-market investment decision, functional area strategies, the customer value proposition, and the sustainable competitive advantage.

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Definitions:

Care Ethics

A normative ethical theory that emphasizes interpersonal relationships and care or benevolence as a virtue in moral decision-making.

Morality

A system or code of conduct and principles that guides individual or societal judgments about what is right and wrong, good and bad.

Ethical Relativism

The belief that morality is not universal and that ethical truths depend on the cultural, social, or individual context.

Cultural Relativism

The belief that moral and ethical systems are relative to cultural or societal contexts, and that no one system can be deemed universally applicable.