In a More Complex Business Environment Where Companies Must Pursue

question 24

True/False

In a more complex business environment where companies must pursue multiple dimensions of competitive advantage is consistent with Jim Collins' recommendation that companies should seek to be "hedgehogs" rather than "foxes." (Drawing upon the categorization of intellectuals made by Isaiah Berlin. )

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Definitions:

Odd/Eccentric

describes a cluster of personality traits characterized by unusual behaviors, eccentric thoughts, and a lack of social conformism.

Personality Disorders

A group of mental disorders characterized by enduring maladaptive patterns of behavior, cognition, and inner experience, exhibited across many contexts.

Extreme Traits

Qualities at either end of a spectrum, illustrating significant deviations from what is considered typical or average.

Inflexible

Unable to change or adapt to new circumstances; rigid in approach or attitude.