In Evaluating Strategies, Which One of Rumelt's Criteria for Evaluating

question 47

Multiple Choice

In evaluating strategies, which one of Rumelt's criteria for evaluating strategies, refers to the need for strategists to examine sets of trends?

• A) consistency
• B) consonance
• C) feasibility
• D) advantage
• E) empowerment

Understand the requirements and exceptions to the Statute of Frauds as outlined in Article 2 of the Uniform Commercial Code (UCC).

Identify contract types that require written evidence or a memorandum for enforceability under state statutes.

Differentiate between enforceable oral and written contracts.

Comprehend the priority and relevance of course of dealing, usage of trade, express terms, and course of performance in contract interpretation.

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Definitions:

Personal

Relating to or affecting a particular person as opposed to anyone else; individual or private in nature.

Social

Pertaining to society or its organization; denotes the interaction of individuals within a community or groups.

Perception

The process by which individuals organize and interpret their sensory impressions to give meaning to their environment.

Meaningful Picture

An image that conveys a significant message or emotion to its viewer.