The Fit Model of Strategy Formulation and Implementation

question 3

Multiple Choice

The fit model of strategy formulation and implementation

• A)was proposed and supported by Prahalad and Hamel.
• B)is not useful because the future is uncertain.
• C)is useful for both intended and emergent strategies.
• D)can give a company a sustainable competitive advantage.
• E)focuses more on the current situation than on the future situation.

Understand the use and benefits of different types of search tools and databases in accessing online information.

Identify and understand the purpose and components of various types of business documents and reports.

Comprehend the ethical considerations in business research and documentation.

Recognize the importance of document structure, approach, and audience analysis in business communication.

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Definitions:

Pay Rate

The amount of money that is paid to an employee per unit of time or per task completed.

Hours Worked

The total amount of time an employee spends doing their job within a specified period.

AddActionListener

A method used in Java programming to attach an event listener to a button or other interactive component.

Listener Object

An object in programming that awaits and responds to events or changes in state, commonly used in event-driven programming models.