Strategy Is the Idea and Actions That Explain How a Firm

question 66

True/False

Strategy is the idea and actions that explain how a firm will make its profits.

---

Definitions:

Older Siblings

The siblings who were born before others in a family, often considered as having influence on the younger siblings' development.

Inconsistent

Showing variance and lack of uniformity or stability in thoughts, actions, or quality over time.

Unsystematic

Lacking a plan, method, or coherence, often referring to information or actions that are disorganized or random.

Rigid

Describes an inability or unwillingness to adapt or change one's thoughts, behaviors, or attitudes despite new information or changing circumstances.