The More Stable Is a Firm's External Environment,the More Likely

question 39

True/False

The more stable is a firm's external environment,the more likely it is that the firm's resources and capabilities will offer a more stable foundation for strategy than focusing upon its product market,or the needs of its customers.

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Definitions:

Internal Revenue Code

The body of law governing federal tax administration in the United States.

Felony

A serious crime, typically involving violence, regarded as more severe than a misdemeanor, and generally punishable by imprisonment for more than one year or by death.

Misdemeanor

A criminal offense that is less serious than a felony and generally punishable by fines, penalties, or a short term in jail.

Negligent Liability

Legal responsibility for harm caused as a result of failing to act as a reasonable person would have acted under similar circumstances.