Question: Rothaermel ( 2 0 1 9 ) PPT slides, offer the following definition on strategy: A specific set of activities a firm will follow to

Rothaermel

(2019)

PPT slides, offer the following definition on strategy:

A specific set of activities a firm will follow to gain competitive advantage

A set of goal directed actions a firm takes to gain and sustain superior performance relative to competitors

othaermel

(2019)

PPT slides, also point to a few elements of effecting successful strategies. One of them was an effective guiding policy as firms committed to strategic commitments

(

investments and changes

)

in their formulation efforts.

True

False

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