The match an organization makes between its internal resources and skills,and the opportunities and risks created by its external factors,can be defined as
A)SWOT.
B)an opportunity.
C)input.
D)concept formulation.
E)strategy.

Question

Quizplus · Accepted Answer

The match described in the question is the very definition of strategy. SWOT analysis would inform the development of this strategy, but is not the strategy itself. Input refers to the resources and information used to inform decision making, while concept formulation is the initial stage of developing a strategy. An opportunity may be a part of the external factors considered in developing a strategy, but it is not a comprehensive description of the strategic process.

The Match an Organization Makes Between Its Internal Resources and Skills,and