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:

British Goods

British goods refer to products manufactured in Britain, which were a significant focus of boycott and consumption patterns, especially in the context of colonial resistance and tariff disputes.

Declarations of Independence

Formal statements proclaiming the autonomy and self-determination of a territory or nation, detaching from the control of another power.

Natural Rights

Rights that are considered inherent and universal to all human beings regardless of legal systems or government recognition, typically including life, liberty, and property.

First Continental Congress

A meeting of delegates from twelve of the Thirteen Colonies in 1774, convened in Philadelphia to address issues with British governance, laying groundwork for the American Revolution.