When an Organization Has Numerous Internal Strengths, It Is Said

question 3

True/False

When an organization has numerous internal strengths, it is said to have a competitive advantage.

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Definitions:

Management By Objectives

A strategic management model that aims to improve the performance of an organization by clearly defining objectives that are agreed to by both management and employees.

Performance Goals

Specific objectives related to an individual's or organization's performance, focusing on outcomes and achievements in a given period.

Higher-order Needs

Needs that go beyond the basic physical requirements, such as the need for esteem, affection, belonging, and self-actualization.

Self-actualization

The achievement of realizing one’s abilities and potentials, seen as a universal desire or motivation inherent in all individuals.