The More Stable Is a Firm's External Environment,the More Likely

question 27

True/False

The more stable is a firm's external environment,the more likely it is that the firm's resources and capabilities,rather than customer needs,will offer a more stable foundation for strategy.

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Definitions:

Export Products

Goods or services produced in one country and sold to buyers in other countries.

Supply Chain

The entire process of making and selling goods, including every stage from the supply of materials and the manufacture of the goods through to their distribution and sale.

Population Shift

The movement or change in the distribution of the population in certain areas due to factors like migration, birth rates, or economic changes, affecting demographics and societal structures.

Market Potential

The estimated maximum total sales revenue of all suppliers for a specific product in a market.