The task of matching the internal and the external environments of a firm is summarized by

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BlackTom AI · Accepted Answer

The question asks about a concept that encapsulates aligning or matching a firm's internal environment (its resources, capabilities, and structure) with its external environment (market conditions, competition, and macro factors).
Option 1: 'PPF model' refers to the Production Possibility Frontier, an economic model showing trade-offs between two outputs given finite resources. It is primarily an economic analysis tool and does not address aligning internal and external organizational environments. This makes it incorrect in the context of matching environments.
Option 2: 'SWOT analysis' stands for strengths, weaknesses (internal factors) and opportunities, threats (external factors). This framework explicitly integrates internal and external considerations to assess strategic position and how the firm can respond to external conditions using its internal capabilities, which aligns with the idea of matching internal and external environments.
Option 3: 'None of the above' would be selected if none of the listed tools captured the concept, but SWOT analysis clearly does address the integration of internal and external factors, so this option is not appropriate.
Option 4: 'PESTLE analysis' focuses on external macro-environmental factors—Political, Economic, Social, Technological, Legal, and Environmental. While valuable for understanding external context, it does not directly incorporate internal resources or capabilities, so it alone does not capture the matching of internal and external environments.
In summary, the correct tool for integrating internal strengths and weaknesses with external opportunities and threats is SWOT analysis, since it explicitly connects internal and external dimensions to inform strategic decision-making.

The task of matching the internal and the external environments of a firm is summarized by

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