Strategic Management Consists of the Analysis, Decisions, and Actions an Organization

question 17

True/False

Strategic management consists of the analysis, decisions, and actions an organization undertakes to create and sustain competitive advantages.

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Definitions:

Mean

The arithmetic average of a set of numbers, calculated by adding them together and dividing by the number of values.

Average Score

The sum of all individual scores divided by the number of scores, often used as a measure of central tendency.

Median

The middle value in a list of numbers sorted in ascending or descending order, or the mean of the two middle numbers if the list has an even number of values.

Middle Value

Also known as the median, it is the value separating the higher half from the lower half of a data sample, array, or distribution.