Which of the following is an issue managers address when assessing the firm's internal resources?
A) evaluation of the available human capital
B) study of best practices of competitors and noncompetitors
C) incorporation of environmental uncertainty into the firm's plans
D) assessment of value of the firm's products or services

Question

Quizplus · Accepted Answer

Managers need to assess the available human capital within the firm to determine the strengths and weaknesses of the workforce and identify areas for improvement. This includes evaluating the skills, knowledge, and experience of employees, as well as their ability to work together as a team.

B) is incorrect because studying best practices of competitors and noncompetitors falls under external analysis.

C) is incorrect because incorporating environmental uncertainty into the firm's plans is part of the external analysis, rather than internal analysis.

D) is incorrect because the assessment of the value of the firm's products or services is a part of the firm's external analysis.

Which of the Following Is an Issue Managers Address When