Which Framework Most Easily Allows for the Combination of Both

question 49

Multiple Choice

Which framework most easily allows for the combination of both internal and external factors in the analysis of a firm's competitive advantage?

• A) Strategic activity system
• B) VRIO framework
• C) SWOT analysis
• D) PESTEL analysis

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Definitions:

Investigate Further

To delve deeper into a subject or issue to discover more information or to uncover the truth.

Substitute

An alternative option or choice that can replace another in meeting a particular need or requirement.

Utility

The total satisfaction received from consuming a good or service.

Selection Procedure

A selection procedure is a systematic method used by organizations to identify, evaluate, and hire candidates for a job based on criteria such as experience, skills, and personality.