Valuable Capabilities Allow the Firm To

question 7

Multiple Choice

Valuable capabilities allow the firm to:

• A) exploit threats in its external environment.
• B) neutralize opportunities in its internal environment.
• C) exploit opportunities or neutralize threats in its external environment.
• D) exploit opportunities and threats in its internal environment.

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Definitions:

Payoff Matrix

Table showing profit (or payoff) to each firm given its decision and the decision of its competitor.

Advertising Strategy

A plan of action by a business or brand designed to reach potential customers and persuade them to purchase a product or service.

Municipal Courts

Local courts that have jurisdiction over violations of city ordinances and, in some cases, over minor offenses and civil disputes within a city or municipality.

Divorce Actions

Legal proceedings initiated by one or both spouses to legally terminate their marriage.