Which Framework Can Managers Use to Determine Whether Firm Resources

question 45

Multiple Choice

Which framework can managers use to determine whether firm resources and capabilities are internal strengths or weaknesses?

• A) The VRIO framework.
• B) The PESTEL analysis
• C) The five forces model
• D) Support activities

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Definitions:

Multinational Venture

A business operation that involves partnership or investment across multiple countries.

Global Company

A business that operates and sells products or services in multiple countries across the world, often managing a complex web of international supply chains and markets.

Centrally Managed

The control and decision-making process of an organization or system consolidated at a central point or by a central authority.

Licensing Agreements

Legal contracts that grant one party permission to use another's intellectual property, such as patents, trademarks, or copyrights, in exchange for compensation.