If there is a good fit between the venture's bundle of resources and the external environment:
A) the firm will be rewarded with superior performance.
B) the entrepreneur will be unable to compete in the market segment.
C) environmental variables will be irrelevant.
D) demand uncertainty will be irrelevant.

Question

If there is a good fit between the venture's bundle of resources and the external environment: 
A) the firm will be rewarded with superior performance.
B) the entrepreneur will be unable to compete in the market segment.
C) environmental variables will be irrelevant.
D) demand uncertainty will be irrelevant.

Quizplus · Accepted Answer

When there is a good fit between the venture's bundle of resources and the external environment, the firm will be able to leverage its resources effectively to meet the demands of the environment, leading to superior performance. The other options are incorrect as environmental variables and demand uncertainty are still relevant, and the entrepreneur may or may not be able to compete in the market segment regardless of the fit between resources and environment.

If There Is a Good Fit Between the Venture's Bundle