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.

---

Definitions:

Classical Decision Model

A theory that outlines how decisions should be made, assuming perfect information and a rational, logical approach.

Clearly Defined

Clearly stated, easy to understand, and precisely outlined characteristics or boundaries of a concept or object.

Satisfactory Solution

A resolution or answer to a problem that meets the minimum requirements or expectations of the involved parties.

Behavioral Decision Theory

A field of study that examines the decision-making processes of individuals, focusing on the actual observable behavior rather than on hypothetical models.