Which of the Following Statements About the External Perspective of Competitive

Multiple Choice

Which of the following statements about the external perspective of competitive advantage is most accurate?

A) The success of a strategy is determined by the forces within the firm's external environment and industry.
B) The firm's internal resources and capabilities represent the foundation for development of a value-creating strategy.
C) Internationalization is a factor that leads to globalization.
D) Firms should seek to maximize their returns by changing organizational structure in a manner consistent with the most efficient producers in any given industry.