Multiple Choice
Which of the following statements accurately describes firm effects?
A) They attribute firm performance to the industry in which the firm competes.
B) They attribute firm performance to the actions managers take within a chosen industry.
C) They refer to the value-creation potential of a large, diversified enterprise.
D) They refer to the external circumstances surrounding all the firms in an industry.
Correct Answer:

Verified
Correct Answer:
Verified
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