Strengths are typically based on the existence and nature of the __________ possessed by the firm. Weaknesses stem from a lack o

Question

3 years ago

5

Strengths are typically based on the existence and nature of the __________ possessed by the firm. Weaknesses stem from a lack o

f these important factors. Select one: a. resources and relationships b. products and customers c. patents and capital d. customers and partnerships e. customers and resources

Business

1 answer:

Nikolay [14] · Answer 1 · 2022-01-16T12:29:16+03:00

Answer: a) resources and relationships

Explanation:

Strength for any firm according to analysis is considered as the resources existence that help in functioning of organizational process and organizational relationship for strong and reliable customer base.It helps in innovation, improvement and strengthening firm against competition companies.

Other options are incorrect because product, consumer,capital, partnership and patents are not the factors that majorly impact strength of the organization.Thus, the correct option is option(a).