External factors that the company may be able to exploit to its advantage are known as:

Question

Quizplus · Accepted Answer

Opportunities are external factors that a company may be able to exploit to its advantage, such as market trends or competitors' weaknesses. Strategic capabilities, internal strengths, and external strengths are all internal factors that are already possessed by the company. External capacity is not a commonly used term in the context of strategic management.

External Factors That the Company May Be Able to Exploit