A Strong Performance Record Suggests the Fit Between Strategy and the Environment

question 45

True/False

A strong performance record suggests the fit between strategy and the environment is marginal.

---

Definitions:

Company Management

The group of individuals responsible for making major decisions, overseeing operations, and managing the resources and strategy of a company.

Capital Budgeting

The process by which a business evaluates and selects long-term investments based on their potential to generate future profit.

Long-Term Investments

Long-term investments are financial assets intended to be held for a period longer than one year, aiming for higher returns over time.

Net Working Capital

The difference between a company's current assets and current liabilities, indicating the liquidity and operational efficiency.