Corporate-Level Strategy Addresses How Firms Compete and Outperform Their Rivals

question 64

True/False

Corporate-level strategy addresses how firms compete and outperform their rivals as well as achieve and sustain competitive advantages.

---

Definitions:

Security

The state of being free from danger or threat, or the measures taken to be free from those dangers.

Stability

The quality of being resistant to change or variation, often seen as a desirable trait in social, psychological, or economic contexts.

Two-Factor Theory

A psychological theory proposing that employee satisfaction and motivation are influenced by both hygiene factors and motivators, related to job context and content respectively.

Motivator Factors

Elements of a job that can significantly increase employee satisfaction and motivation, such as recognition, responsibility, and achievement.