Final answer:
The statement is true; reviewing external and internal factors is key in evaluating current strategies to ensure they are aligned with both the internal and external changing business environments.
Step-by-step explanation:
One of the fundamental strategy evaluation activities is reviewing external and internal factors that are the basis for current strategies. The statement is true. Strategy evaluation involves constant assessment of internal factors such as organizational structure, resource capabilities, and performance, as well as external factors like market trends, competition, and regulatory changes. These evaluations are essential to ensure the strategies remain aligned with the changing business environment and that an organization can respond appropriately to maintain its competitive edge.
One of the fundamental strategy evaluation activities is reviewing external and internal factors that are the basis for current strategies. This statement is True for the subject of strategy evaluation in business.