A Company Will Fail If There Is a Lack of Strategic

question 62

True/False

A company will fail if there is a lack of strategic fit or because its overall supply chain design,processes,and resources do not provide the capabilities to support the maximum strategic fit.

---

Definitions:

Consumer Ethnocentrism

The belief held by some consumers that purchasing foreign-made products is wrong or harmful to the local economy.

Major External Factors

Key influences originating outside of an organization that can significantly impact its performance and strategy, such as economic, social, technological, and political conditions.

Direct Competition

Two or more businesses offering products or services that directly compete against each other.

Currency Fluctuation

Refers to the variations in the value of one currency relative to another, which can impact international trade and investments.