Research shows that approximately _____ percent of a firm's profitability is explained by the industry and _____ percent is explained by the firm's characteristics and actions.
a. 60; 40
b. 36; 20
c. 20; 36
Answer: 20; 36
Management MCQ
Strategic Management Chapter 1
Research shows that approximately _____ percent of a firm's profitability is explained by the industry and _____ percent is explained by the firm's characteristics and actions.