List and Describe Rumelt's Four Criteria for Evaluating Strategies

question 101

Essay

List and describe Rumelt's four criteria for evaluating strategies.

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Definitions:

Blue Collar

Refers to workers who perform manual labor, often in industries related to manufacturing, construction, and maintenance.

White Collar

Refers to jobs or workers majorly involved in non-manual, office-based work, typically implying a certain social status or level of education.

Social Mobility

The ability of individuals or groups to move within the social hierarchy, which can be upward to a higher economic or social class, or downward.

Visible-Minority Immigrants

Immigrants who are identified as being from racial or ethnic groups that are non-majority in the context of a specific country.