All of the following statements are true EXCEPT: O The industry environment that a firm competes in has little bearing on the strategy it should pursue. O Maintaining a strategy and environment fit over time is a key to ensuring high performance. O An organization should choose a strategy that is appropriate for the envingnment it competes in. O The better the fit between an organization and its environment the better it should perform.

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
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All of the following statements are true EXCEPT:
O The industry environment that a firm competes in has little bearing on the strategy it should pursue.
O Maintaining a strategy and environment fit over time is a key to ensuring high performance.
O An organization should choose a strategy that is appropriate for the envingnment it competes in.
O The better the fit between an organization and its environment the better it should perform.
Transcribed Image Text:All of the following statements are true EXCEPT: O The industry environment that a firm competes in has little bearing on the strategy it should pursue. O Maintaining a strategy and environment fit over time is a key to ensuring high performance. O An organization should choose a strategy that is appropriate for the envingnment it competes in. O The better the fit between an organization and its environment the better it should perform.
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