Strategy Does NOT Specify How an Organization Matches Its Capabilities

question 51

True/False

Strategy does NOT specify how an organization matches its capabilities with the opportunities in the marketplace.

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Definitions:

Centralization

Refers to the concentration of decision-making authority at the top levels of an organizational hierarchy.

Organizational Survival

The ability of an organization to continue existing and operating over time, often through adapting to changes in its environment.

Major Threat

A significant danger or risk that has the potential to cause serious harm or disruption to an entity or project.

Matrix Structure

An organizational structure that combines elements of both functional and project-based structures, allowing for employees to report to more than one manager.