Leverage is a combination of an opportunity in the external environment and a matching strength in the organization.

Question

Quizplus · Accepted Answer

Leverage refers to the ability of an organization to take advantage of an opportunity in the external environment by using a strength that it possesses internally. In other words, leverage is the strategic use of resources to maximize the effectiveness of an organization's actions. Therefore, the statement "Leverage is a combination of an opportunity in the external environment and a matching strength in the organization" is true.

Leverage Is a Combination of an Opportunity in the External