Which of Porter's four elements is internal?
AIndustry opportunities and threats
BGovernment regulation of the industry
CPersonal values of the key implementers
DBroader societal expectations
Answer & Solution
Correct answer: C. Personal values of the key implementers
Strengths, weaknesses and the personal values of management and the board are internal, while the other two are external.
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 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?Which two types of competitive advantage did Porter name?