Organizations can change the industry structure

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Reference no: EM132163311

True or False

1. Like mission and vision statement, we can access to organizations’ strategy definitions from their websites.

2. Strategy can be about doing similar things, but doing them differently

3. Strategic Fit will always ensure competitive advantage for organizations

4. The sources of industry level differences in profitability can be explained by having something unique and valuable(added value) & Finding an integrated set of choices that distinguish you from the rivals

5. Strategy can inform us how to go beyond Operational Effectiveness

6. When organizations require control over flexibility, doing the activities outside the firm makes more sense

7. Organizations can change the industry structure

8. Organizations have no influence on the external macro factors such as political and sociocultural environment.

Reference no: EM132163311

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