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An Effective Corporate Strategy Creates Aggregate Returns Across All Businesses

question 136

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An effective corporate strategy creates aggregate returns across all businesses that exceed what those returns would be without the strategy and contributes to the firm's strategic competitiveness and ability to earn above-average returns.


Definitions:

Observable Responses

are reactions or behaviors that can be seen and measured directly, often used in behavioral studies to understand actions and outcomes.

Cognitive

Pertaining to the mental processes involved in gaining knowledge and comprehension, including thinking, knowing, remembering, judging, and problem-solving.

Behavior Genetics

The field of study that examines the role of genetic and environmental influences on behaviors.

Personality

An individual’s characteristic pattern of thinking, feeling, and acting.

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