Question 1 (1 point) Saved Almost every textbook on strategy starts by emphasizing the need to establish a firm's mission or vision. True False Question 2 (1 point) Saved In a new company, the entrepreneur who is organizing the company has some clear mission in mind that sets the original strategic direction. True False Question 3 (1 point) Saved In the twenty first century, a visionary leader only needs to worry about maintaining the current product line. True False Question 4 (1 point) Saved When new competitors appear with an appealing product or solution, customers are the entity that desires change. True False Question 5 (1 point) Saved When firms cannot beat current competitors in today's markets, top management has to provide the resources to create incentives and control systems to see that both goals are pursued. True False