The Proper Matching of What a Firm Can Do with What

question 136

Multiple Choice

The proper matching of what a firm can do with what it might do allows the firm to

• A) balance the internal characteristics of the firm with the characteristics of the external environment.
• B) overcome the rigidity and inertia resulting from a history of success.
• C) develop its vision, pursue its mission, and select and implement its strategies.
• D) develop core competencies based on human knowledge.

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Definitions:

Supply Chain Software

Application or program designed to manage and streamline supply chain operations, including procurement, production, distribution, and inventory management.

Enterprise Resource Planning

Integrated management software systems that automate and facilitate the flow of information across an organization.

SaaS

Software as a Service (SaaS) is a cloud computing model where software applications are hosted by a service provider and made available to customers over the internet, typically on a subscription basis.

Supply Chain Partners

Businesses or organizations that participate in the supply chain process by providing goods or services, including suppliers, manufacturers, distributors, and retailers.