Resource Development of H&T Firms Should Complement Their Competitive Strategies

question 1

True/False

Resource development of H&T firms should complement their competitive strategies so that there is alignment between the former and the latter.

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Definitions:

Ratification

The official way to confirm something, usually by vote, making it valid or officially approved.

Agency

A legal entity in which one party (the agent) is authorized to act on behalf of another (the principal) in creating legal relationships with third parties.

Effective

The degree to which something is successful in producing a desired or intended result.

Authority

The legal right or power to make decisions, give orders, or act on behalf of another person or entity.