Organizations Must Prioritize Strategies Due to Limitations

Answered using GPT-4o mini by AI Answer Generator

Question:
  1. An organization can pursue any and/or all strategies that potentially could benefit the firm. • True or False?
Answer:

False. While an organization may consider various strategies that could potentially benefit the firm, it cannot pursue all strategies simultaneously due to limitations such as resources, time, and potential conflicts between strategies. Organizations typically need to prioritize and select strategies that align with their goals, capabilities, and market conditions.