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What do managers need in conjunction with an internal analysis in order to choose the strategy...

What do managers need in conjunction with an internal analysis in order to choose the strategy that will enable their company to attain a sustained competitive advantage?

a)An analysis of the company's external environment

b)An analysis of the company's finances and operations

c)The support C-level management and majority stockholders

d)Nothing—an internal analysis is sufficient on its own

business   Operations-Management   
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Answer #1

Answer: Option A

Explanation: Both internal analysis and external environment analysis are necessary for a firm to attain a position of sustained competitive advantage.

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