Question: A strategy is less important for organizations which do not need to obtain a financial profit. a. True, because strategy is needed to create competitive

A strategy is less important for organizations which do not need to obtain a financial profit.

a.

True, because strategy is needed to create competitive advantage which is the ability to obtain higher profits than competitors

b.

True, because a strategy is needed to obtain financial survival

c.

True, because a strategy is about mobilizing resources to achieve financial success

d.

Statements in a, b, and c options are true

e.

FALSE

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