According to the Book, Strategies Should Be Driven by Three

question 3

True/False

According to the book, strategies should be driven by three factors-organizational strengths and weaknesses, market needs, and environmental trends.

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Definitions:

Diversity

The inclusion of individuals representing more than one national origin, color, religion, socioeconomic stratum, sexual orientation, etc.

Job Embeddedness

The extent to which an employee feels attached to their job and company, influencing their likelihood to stay.

Ethnocentrism

The belief in the inherent superiority of one's own ethnic group or culture, often leading to prejudice and discrimination.

Hierarchical Approach

A structured organizational method where decisions and processes flow from top-level management down through various levels of authority.