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  3. Study Set
    Foundations of Strategy
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    Exam 1: The Concept of Stategy
  5. Question
    A Sound Strategy Relies on Four Factors: Simple, Long-Term and Consistent
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A Sound Strategy Relies on Four Factors: Simple, Long-Term and Consistent

Question 45

Question 45

True/False

A sound strategy relies on four factors: simple, long-term and consistent goals; profound understanding of the competitive environment; objective appraisal of resources; and effective implementation of strategic decisions.

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