One Criterion of a Good Strategy Is How Well It

question 62

Short Answer

One criterion of a good strategy is how well it helps the firm achieve its ____________.

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Definitions:

Goods and Resources

Tangible products that satisfy human wants and the natural, human, and manufactured inputs used to produce goods and services.

Market System

An economic model where the decision-making process regarding investments, production activities, and the distribution of goods adheres to the supply and demand dynamic, with goods and services' pricing governed by a free market mechanism.

Employees

Individuals who work for another person or company in exchange for financial or other compensation.

Suppliers

Entities or individuals that provide goods or services to another entity, typically within a supply chain context.