"Strategic Fit" Refers to the Consistency Between a Firm's Strategy

question 8

True/False

"Strategic fit" refers to the consistency between a firm's strategy and,on one hand,its external environment and,on the other,its internal resources and capabilities.

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Definitions:

Subsurface Rights

Legal rights to the minerals or resources located below the surface of a piece of land.

Easement By Necessity

A type of easement granted by law when it is necessary for reasonable use of a property, commonly for access to landlocked property.

Adverse Possession

An involuntary property transfer in which a person acquires ownership of property by treating a piece of real property as his or her own, without protest or permission from the owner.

Easements

A right granted to a person or entity to use a portion of another’s property for a specific purpose, without owning it.