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

Question

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

查看解析

登录即可查看完整答案

类似问题

In a SWOT analysis, the strengths and weaknesses exist _________ the business.

In a SWOT analysis for a restaurant, it is stated that "cooking staff is high quality." Which part of the SWOT analysis would it fall into?

What is one essential step in creating a strong IMC theme?

A management team considers the organization’s strengths and weaknesses as well as opportunities and threats in its current marketplace. The team is performing a _______ analysis.

What analytical method does a firm typically employ to assess the target market and its own competencies?

A firm assesses attractiveness of a target market and its own competencies using a SWOT analysis.

In a SWOT analysis, increasing gasoline prices would represent a potential ________ for manufacturers of electric cars.

A company's strengths are important because they

更多留学生实用工具

考试浏览器助手

风格化写作助手

论文查重助手

文献引用助手

课堂转译助手

课堂笔记助手

Quiz搜索助手

学校历年真题

智能刷题助手

智能匹配练习

希望你的学习变得更简单