The External Market Opportunities Which Are MOST Relevant to a Company

question 95

Multiple Choice

The external market opportunities which are MOST relevant to a company are the ones that

• A) can increase market share.
• B) are reinforced by the overall business strategy and reflect the business model.
• C) match up well with the firm's competitive assets, offer the best prospects for growth and profitability, and present the most potential for competitive advantage.
• D) qualify to correct its internal weaknesses and resource deficiencies.
• E) are relevant for defending against the external threats to its well-being.

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Definitions:

Catharsis

The release of emotional tension.

Denial

A psychological defense mechanism in which confrontation with a personal problem or with reality is avoided by denying the existence of the problem or reality.

Displacement

A defense mechanism where an individual redirects a negative emotion from its original source to a safer target.

Sigmund Freud

A seminal figure in psychology, known for founding psychoanalysis, a method for treating psychopathology through dialogue between a patient and a psychoanalyst.