Which of the Following Management Tools Will Help Determine Whether

question 19

Multiple Choice

Which of the following management tools will help determine whether a firm's resources,capabilities,and competencies are strengths or weaknesses?

• A) Porter's five forces analysis
• B) PESTEL analysis
• C) VRIO framework
• D) Ansoff's matrix

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Definitions:

Opponent-process Theory

A theory in psychology that explains emotional reactions to stimuli, positing that emotions are followed by opposite emotional states.

Negative Afterimages

Visual illusions that occur after looking at a brightly colored object for a prolonged period and then looking away, resulting in seeing the complementary color.

Tinted Glasses

Eyewear with lenses that are colored or darkened to reduce brightness and protect the eyes from glare.

Trichromatic Theory

A theory of color vision that states the human eye has three types of receptors with differing sensitivities to light wavelengths, corresponding to red, green, and blue colors.