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External analysis helps a firm understand which of its resources and capabilities are likely to be sources of competitive advantage Group of answer choices True False

External analysis helps a firm understand which of its resources and capabilities are likely to be sources of competitive advantage Group of answer choices True False

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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External analysis helps a firm understand which of its resources and capabilities are likely to be sources of competitive advantage

Group of answer choices
True
False
Expert Solution
Step 1

External analysis refers to the analysis made by the firm outside the organisation external environment which helps the firm to identify new opportunities and degree of risk for the environment.

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