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:

Broccoli

A green vegetable with a large flowering head that is eaten as a vegetable.

Pounds

A unit of currency used in the United Kingdom and other territories.

Comparative Advantage

An economic principle that refers to the ability of a party to produce a particular good or service at a lower opportunity cost than another.

Rice

A staple grain consumed worldwide, serving as a primary food source for a large portion of the global population.