If a firm adjusts its strategy to ensure it is consistent with its external environment, it benefits from a:
A)Strategic fit
B)Strategic leader
C)Benign environment
D)Political and social fit

Question

Quizplus · Accepted Answer

A firm that adjusts its strategy to ensure it is consistent with its external environment benefits from a strategic fit. A strategic fit is the process of aligning a company's strategies with its external environment to achieve optimal performance. This allows the company to take advantage of opportunities presented by the environment, reduce threats, and ultimately achieve its goals. A strategic fit is critical to the success of any organization, as it ensures that the company is positioned to compete effectively in the market.

If a Firm Adjusts Its Strategy to Ensure It Is