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Lavender Furniture Established Itself in 1965 as a Small Firm

Question 22

Multiple Choice

Lavender Furniture established itself in 1965 as a small firm. It was situated on a small stretch of land located miles away from the town. Over the years, due to the high quality of its products, it acquires enough profits to own multiple assets, such as a bigger plot and machinery, recruit employees and establish itself as a brand. Which of the following is an element of the strategic management process that Lavender Furniture has acquired?


A) Values
B) Resources
C) Capabilities
D) Fame

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