Valuable capabilities
A) allow the firm to exploit opportunities in its external environment.
B) allow the firm to neutralize threats in its internal environment.
C) allow the firm to exploit opportunities or neutralize threats in its external environment.
D) none of the these are correct.

Question

Quizplus · Accepted Answer

Valuable capabilities refer to resources or capabilities that enable the firm to achieve a competitive advantage by exploiting opportunities or neutralizing threats in its external environment. Option A only talks about opportunities while option B only talks about threats, and neither fully captures the definition of valuable capabilities. Option C is the best choice because it acknowledges both opportunities and threats in the external environment. Option D is incorrect because there is a correct answer.

Valuable Capabilities