QUESTION 1 Which of these does not significantly affect firms? O Patent laws O Antitrust legislation Lobbying activities Tax rates O Constitutional laws QUESTION 2 Collecting and evaluating information on competitors is essential for successful strategy evaluation. internal analysis. strategy formulation strategy implementation. strategy management. QUESTION 3 An assessment of resource capabilities is crucial for the survival and growth of the firm. True False QUESTION 4 The foundation for development of a comprehensive mission statement is provided by a clear vision. O True False