The Proper Matching of What a Firm Can Do with What

question 29

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:

To-Do List

A list of tasks that need to be completed, typically organized in order of priority.

Creative Appraisal Systems

Evaluation methods designed to assess employee performance in innovative ways, focusing on creativity, flexibility, and adaptability.

Traditional Appraisal Systems

Systems used by organizations to evaluate employee performance on a regular basis, often emphasizing past performance over future growth potential.

Morale

The confidence, enthusiasm, and discipline of a person or group at a particular time.