A firm should choose that strategy from among the range of reasonable alternatives that enables it to achieve its stated objectives in an acceptable time period without regard for resource constraints.

Question

Quizplus · Accepted Answer

The statement is false. A firm should choose a strategy that takes into consideration its resource constraints, as these constraints can significantly impact the feasibility and effectiveness of the chosen strategy. A firm must carefully balance its objectives with its available resources.

A Firm Should Choose That Strategy from Among the Range