21 (4 points) A complex environment is one where a potential entrant firm would expect to deal with a monopolistic situation. Question 21 options: True False Question 22 (4 points) The science and practice of 'strategic management' stems from and is a part of the broader science and practice 'management.' Question 22 options: True False Question 23 (4 points) "The Art of War," written by Sun Tzu, is a book dating back to 5th Century BC, which provides insight into the importance of strategy. Question 23 options: True False Question 24 (4 points) When analyzing a company's past performance and recommending future strategic options, recommendations should be justified with qualitative and quantitative analyses. Question 24 options: True False Question 25 (4 points) The strategic management process usually is an iterative process that takes place once every 4 or 5 years in most organizations. Question 25 options: True False