The proper matching of what a firm can do with what it might do allows the firm to
A) balance the internal characteristics of the firm with the characteristics of the external environment.
B) overcome the rigidity and inertia resulting from a history of success.
C) develop its vision, pursue its mission, and select and implement its strategies.
D) develop core competencies based on human knowledge.

Question

Quizplus · Accepted Answer

Properly matching the capabilities of the firm allows it to develop its vision, pursue its mission, and select and implement its strategies. This aligns the internal characteristics of the firm with the external environment, which helps the firm achieve long-term success. Choices A, B, and D deal with specific aspects of the firm's capabilities but do not address the full scope of properly matching what a firm can do with what it might do.

The Proper Matching of What a Firm Can Do with What