Strategy Needs to Take Account of Both the Requirements of the Firm's

Multiple Choice

Strategy needs to take account of both the requirements of the firm's external environment and the firm's own resources and capabilities.Resources and capabilities rather than requirements of the external environment offer a stronger basis for strategy formulation when:

A) The firm is engaged in the exploitation of natural resources such as petroleum or metal.
B) The external environment is in a state of flux.
C) When the firm is supplying producer goods rather than consumer goods.
D) When the firm is a multinational corporation.