Consistency, Distinctiveness, Advantage, and Feasibility Are Richard Rumelt's Four Criteria

question 31

True/False

Consistency, distinctiveness, advantage, and feasibility are Richard Rumelt's four criteria for evaluating a strategy.

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Definitions:

T Account

A graphical representation of a ledger account, used in accounting to depict debits and credits.

Debits

Entries made on the left-hand side of an accounting ledger, typically indicating increases in assets or expenses or decreases in liabilities, equity, and income.

Credits

Entries in accounting that represent the transfer of value and can decrease assets or increase liabilities and equity.

Account Balance

The amount of money in a financial repository at any given time, which can be a positive or negative value.