Question: Is the following statement True or False? Strategy is based on the assumption and hypotheses about how competition in an industry is at the

Is the following statement True or False? Strategy is based on the assumption and hypotheses about how competition in an industry is at the present moment. True False Question 2 1 pts The ultimate objective of the strategic management process is the realization of parity True False Question 3 Which of the following are true regarding strategy? Strategy: (Select all that apply) Begins when a firm identifies its mission/short term purpose Is written in the form of a mission statement Defining objectives do not have to be measurable to evaluate whether they have been accomplished. External and internal analysis are necessary to define threats/opportunities, strengths/weaknesses. Two most popular "measures" are economic performance and accounting performance. 1 pts

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