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Business Strategy Is a Firm's Theory of How to Gain

question 87

True/False

Business strategy is a firm's theory of how to gain competitive advantage by operating in several businesses simultaneously.


Definitions:

Conventional Oil

Oil that is produced through traditional drilling methods, as opposed to unconventional methods like fracking.

Net Energy Ratio

A measure comparing the amount of energy available from a resource to the amount of energy used to obtain that resource.

United States

A country in North America consisting of 50 states and a federal district, known for its significant influence on world economics, politics, and culture.

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