7. Which approach asserts that the mix, type, amount, and nature of a firm's internal resources should be considered first and foremost in devising strategies that can lead to sustainable competitive advantage? A. SWOT approach B. SLEPT approach C. Resource Based View D. Industrial Organizational 8. In analysing a company's strength and weaknesses, which of the following is NOT taken into consideration? A. Sales and Marketing B. Human Resources C. Research and Development D. The external environment 9. The is used to summarize and evaluate economic, social, cultural, technological and competitive information. A. External factor evaluation matrix B. Internal factor evaluation matrix C. Competitive profile matrix D. Grand strategy matrix 10. The following are components of the Mission Statement EXCEPT: A. Technology B. Market C. Customers D. Competitors
7. Which approach asserts that the mix, type, amount, and nature of a firm's internal resources should be considered first and foremost in devising strategies that can lead to sustainable competitive advantage? A. SWOT approach B. SLEPT approach C. Resource Based View D. Industrial Organizational 8. In analysing a company's strength and weaknesses, which of the following is NOT taken into consideration? A. Sales and Marketing B. Human Resources C. Research and Development D. The external environment 9. The is used to summarize and evaluate economic, social, cultural, technological and competitive information. A. External factor evaluation matrix B. Internal factor evaluation matrix C. Competitive profile matrix D. Grand strategy matrix 10. The following are components of the Mission Statement EXCEPT: A. Technology B. Market C. Customers D. Competitors
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
Related questions
Question

Transcribed Image Text:7. Which approach asserts that the mix, type, amount, and
nature of a firm's internal resources should be considered
first and foremost in devising strategies that can lead to
sustainable competitive advantage?
A. SWOT approach
B. SLEPT approach
C. Resource Based View
D. Industrial Organizational
8. In analysing a company's strength and weaknesses, which
of the following is NOT taken into consideration?
A. Sales and Marketing
B. Human Resources
C. Research and Development
D. The external environment
9. The
is used to summarize and evaluate
economic, social, cultural, technological and competitive
information.
A. External factor evaluation matrix
B. Internal factor evaluation matrix
C. Competitive profile matrix
D. Grand strategy matrix
10. The following are components of the Mission Statement
EXCEPT:
A. Technology
B. Market
C. Customers
D. Competitors
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