Which of the following management tools will help determine whether a firm's resources,capabilities,and competencies are strengths or weaknesses?
A) Porter's five forces analysis
B) PESTEL analysis
C) VRIO framework
D) Ansoff's matrix

Question

Quizplus · Accepted Answer

Whether a firm's resources, capabilities, and competencies are strengths or weaknesses can be determined by applying the VRIO framework. External opportunities and threats are in the firm's general environment and can be captured by PESTEL and Porter's five forces analyses.

Which of the Following Management Tools Will Help Determine Whether