The Notion of "Strategic Fit

question 7

Multiple Choice

The notion of "strategic fit":

• A)Is common in strategic literature but means different things to different experts
• B)Implies deep coherence across all functions within the organization
• C)Expresses how well a firm's strategy fits its internal environment
• D)Answers b and c

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Definitions:

Holder In Due Course

A party that acquires a negotiable instrument in good faith and for value, and is thus protected from many defenses that could be raised against the original payee.

Consumer Credit Contract

A legal agreement between a borrower and a lender where the lender provides the borrower with credit for personal, family, or household purposes.

Misdirected Payment

Misdirected payment occurs when a payment is sent to an incorrect party or destination, either due to error or misunderstanding.

Bankruptcy

A lawful method that enables individuals or enterprises in financial distress to pursue exemption from part or all of their financial liabilities.