Which of the Following Is Not Part of the Micro

question 9

Multiple Choice

Which of the following is not part of the Micro environment according to Porter?

• A) customers
• B) suppliers
• C) intermediaries
• D) competitors
• E) policy makers

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Definitions:

Resources-Based View

A strategic framework that emphasizes the importance of internal capabilities and resources in gaining competitive advantage.

Competitive Advantage

The attribute that allows an organization to outperform its competitors, often through unique resources, capabilities, or positioning.

Transactional Activity

Transactional Activity refers to the routine, day-to-day operations and transactions within an organization, such as payroll processing and record-keeping.

Human Capital

The value of an individual’s competencies and capabilities, which is considered an asset to an organization’s performance and efficiency.