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

External market opportunities that match up with a company's competitive assets, offer the best prospects for growth and profitability, and present the most potential for competitive advantage are the most relevant. These opportunities have the potential to provide the greatest value to the business and help it succeed in the market. A and E may be relevant but are not as comprehensive as C, while B and D do not directly address the potential for growth and profitability.

The External Market Opportunities Which Are Most Relevant to a Company