A Firm's Dominant Logic Is a Common Way of Thinking

question 85

True/False

A firm's dominant logic is a common way of thinking about strategy across different businesses.

---

Definitions:

Golden Mean Rule

A philosophical concept from Aristotle asserting that the moral virtue is an intermediate between two extremes of excess and deficiency.

Aristotle

An ancient Greek philosopher and scientist, whose works were foundational in various fields of knowledge, including ethics, politics, and metaphysics.

Tutor

A person who provides individual guidance or instruction, typically in a specific subject area.

Practical Wisdom

The ability to make the right judgment about what to do in a given situation; often associated with virtues and ethical living.