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Management · Q211

Strategic Management

Graduate and Post Graduate · Management · question 211

Q211

__________ are the resources, skills or other advantages a firm enjoys relative to its competitors

A.
Weakness
B.
Strength
Answer
C.
Threat
D.
Opportunities

Answer: Option B

Solution

Answer: Option B
Solution:
Strength are the resources, skills or other advantages a firm enjoys relative to its competitors. Strategic strength is your ability to set the right goals and to create action plans and follow them. Strategic strength is the foundation for success.