What is the degree to which internal strengths match external opportunities known as?
AStrategic fit
BCore competence
CValue chain
DCompetitive scope
Answer & Solution
Correct answer: A. Strategic fit
A good match between what the firm is strong at and what the market offers is called strategic fit.
Keep practising Strategic Management
Browse all Strategic Management questions for CA Inter, or explore more Strategic Management topics.
Related questions
In which year did Porter describe the value chain?Which of Porter's four elements is internal?Which activity is analytical and produces data used as input for strategic thinking?Mintzberg held that strategic thinking is more about which activity than analysis?Which technique builds several possible outcomes, per Schwartz?Goold, Campbell and Alexander proposed which corporate-level parallel to competitive advanWhich Porter concept means buying a firm and replacing its management?Which activity forms part of Porter's value chain?