Question: Competencies are skills or abilities required to adequately complete a task True or False The goal of international strategy is to achieve and maintain a
Competencies are skills or abilities required to adequately complete a task True or False
The goal of international strategy is to achieve and maintain a unique and valuable competitive position both within a nation and globally, a position that has been termed comparative advantage. True or False
Global strategic plans help to ensure that decisionmakers have a common understanding of the business and think through the impact of their decisions and actions firmwide. True or False
The basic concept behind strategic planning is to help ensure that managers have a sound understanding of the business, the strategy, the assumptions behind the strategy, the external business environment pressures, and the company's strengths and weaknesses.
True or False
Although strategic planning is not a widely used management tool among global executives, according to a Bain & Company survey there is a high level of satisfaction among those executives who do utilize strategic planning True or False
II The first step in the process of strategic planning is to define the company's business and mission. True or False
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