The external market opportunities that are most relevant to a company are the ones that
A)increase its market share.
B)reinforce its overall business strategy.
C)match up well with the firm's financial resources and competitive capabilities,offer the best growth and profitability,and present the most potential for competitive advantage.
D)correct its internal weaknesses and resource deficiencies.
E)help defend it against the external threats to its well-being.

Question

Quizplus · Accepted Answer

The most relevant external market opportunities for a company are ones that match its financial resources and competitive capabilities, offer the best growth and profitability, and present potential for competitive advantage. These opportunities will align with the company's overall business strategy and help increase its market share. Correcting internal weaknesses and defending against external threats are important, but they are not sufficient on their own to identify the most relevant opportunities.

The External Market Opportunities That Are Most Relevant to a Company