The external market opportunities which are MOST relevant to a company are the ones that
A) can increase market share.
B) are reinforced by the overall business strategy and reflect the business model.
C) match up well with the firm's competitive assets, offer the best prospects for growth and profitability, and present the most potential for competitive advantage.
D) qualify to correct its internal weaknesses and resource deficiencies.
E) are relevant for defending against the external threats to its well-being.

Question

Quizplus · Accepted Answer

The external market opportunities that are most relevant to a company are the ones that align with the company's competitive advantages, growth prospects, and potential for profitability. These opportunities can offer a competitive advantage and help the company achieve its strategic goals. Thus, option C is the most appropriate answer. Options A, B, D, and E also highlight important aspects of external market opportunities, but they do not fully capture the most relevant ones.

The External Market Opportunities Which Are MOST Relevant to a Company