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:

Legal Assistant Profession

A field involving individuals who assist lawyers by conducting legal research, drafting documents, and organizing files.

Growth Rate

A measure of economic expansion, typically expressed as a percentage increase in real GDP or other indicators of economic performance.

Poor Communication

The ineffective exchange of information, which can lead to misunderstandings, errors, and conflict in any context, including personal, professional, and legal settings.

Case Damage

A term that refers to the harm or losses suffered as a result of the actions or events at the center of a legal case, often quantified in financial terms for compensation.