Firms Must Constantly Change in Order to Be Aligned with Their

question 31

True/False

Firms must constantly change in order to be aligned with their key environments.

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Definitions:

Education

The systematic process of facilitating learning, acquisition of knowledge, skills, values, beliefs, and habits.

Developing Countries

Nations with a lower level of material well-being, industrialization, and economic development compared to developed countries.

Developed Countries

Nations with high levels of economic productivity, advanced infrastructure, and higher standards of living.

Technology

The application of scientific knowledge for practical purposes, especially in industry, which can significantly influence productivity and economic growth.