When a Company Stays Inside One Industry, the Problems of Sustaining

question 4

True/False

When a company stays inside one industry, the problems of sustaining a successful business model and strategies over time can be difficult because of changing conditions in the envirornnent.

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Definitions:

Morality

Concerns the differentiation of intentions, decisions, and actions between those that are distinguished as proper and those that are improper.

Historical Significance

The importance of an event, object, or person in affecting the course or understanding of history, meriting attention and study.

Cotton

A natural fiber harvested from the cotton plant, which became the foundation of a lucrative agricultural industry in the southern United States, largely based on slave labor before the Civil War.