Strategy Describes How an Organization Matches Its Own Capabilities with the Opportunities

question 1

True/False

Strategy describes how an organization matches its own capabilities with the opportunities in the marketplace to accomplish its overall objectives.

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Definitions:

Welfare Reform Act

Legislation aimed at changing the welfare system by encouraging work and reducing dependency on government benefits.

Social Security Act

A law enacted in 1935 to create a system of transfer payments in which younger, working people support older, retired people.

Poverty

A socioeconomic condition characterized by a significant lack of financial resources or income, leading to an inability to meet basic living needs.

Welfare Dependency

A situation where individuals or families rely on government welfare benefits as their primary source of income, often criticized for discouraging work effort.