A Consumer Electronics Company Is in the Process of Evaluating

question 63

Multiple Choice

A consumer electronics company is in the process of evaluating whether it should pursue an internal development strategy or an external growth strategy.To make this decision, the management needs to assess whether the company's internal resources are superior to those of competitors in the targeted area.Which of the following strategic management models would be most useful in this assessment?

• A) The core competence matrix
• B) The Boston Consulting Group (BCG) matrix
• C) The transaction-cost economics model
• D) The VRIO framework

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Definitions:

Make Eye Contact

The act of looking directly into another person's eyes, which can communicate confidence, attentiveness, and engage the audience or interlocutor.

Online Search

The process of using a web browser to locate information on the internet through a search engine.

Potential Employees

Individuals who are seen as prospective hires for a job or organization, based on their skills, experience, and qualifications.

Notebook

A portable device for creating, storing, and managing digital documents, or a physical book of blank pages for writing notes.