The Process of Matching a Firm's Structure,systems,human Resources,and Management Practices

question 10

Multiple Choice

The process of matching a firm's structure,systems,human resources,and management practices to the competitive landscape is called _____.

• A) external fit
• B) customization
• C) offshoring
• D) vertical integration

---

Definitions:

Income Statement

A financial statement that shows a company's revenues, expenses, and net income or loss over a specific period.

Acid Test Ratio

A financial metric that evaluates a company's ability to pay off its current liabilities with quick assets like cash, marketable securities, and accounts receivable.

Current Liabilities

Short-term financial obligations that are due within one year or within the normal operating cycle of a business.

Accounts Receivable

Money owed to a business for goods or services that have been delivered or used but not yet paid for by customers.