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Question 1 Almost every textbook on strategy start

Question 1 Almost every textbook on strategy starts by emphasizing the need to establish a firm’s mission or vision.Question 1 options:TrueFalseQuestion 2 In a new company, the entrepreneur who is organizing the company has some clear mission in mind that sets the original strategic direction.Question 2 options:TrueFalseQuestion 3 In the twenty first century, a visionary leader only needs to worry about maintaining the current product line.Question 3 options:TrueFalseQuestion 4 When new competitors appear with an appealing product or solution, customers are the entity that desires change.Question 4 options:TrueFalseQuestion 5 When firms cannot beat current competitors in today’s markets, top management has to provide the resources to create incentives and control systems to see that both goals are pursued.Question 5 options:TrueFalse

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