A Good Fit Maximizes a Firm's _________ and Minimizes Its

question 50

Multiple Choice

A good fit maximizes a firm's _________ and minimizes its ________.

• A) strengths and weaknesses; opportunities and threats
• B) strengths and opportunities; weaknesses and threats
• C) strengths and threats; weaknesses and opportunities
• D) strengths and opportunities; opportunities and threats

---

Definitions:

Ancient Traditions

Long-established customs, beliefs, or practices passed down through generations.

Nonprofit Sector

The portion of an economy comprised of organizations that operate to serve public or societal interests rather than to generate profits for owners or shareholders.

Social Welfare Organizations

Groups designed to provide services and support to improve the well-being of society, often focusing on the needs of the disadvantaged.

Private Foundations

Non-governmental, nonprofit organizations with principal funds from a single source, like an individual, family, or corporation, which make grants or donations to other nonprofits to fulfill their philanthropic purposes.