For the purposes of this book, a firm's strategy is defined as its theory about how to gain competitive advantages

Indicate whether the statement is true or false

TRUE

Business

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Which of the following is most likely to be an objective of only a government-controlled firm?

A) maintaining employment B) increasing profit in the long run C) increasing market share D) short-term profit

Business

Forward invention refers to reintroducing earlier product forms that are well adapted to a foreign country's needs

Indicate whether the statement is true or false

Business