Before making the decision to invest in Uber, managers at Toyota undoubtedly conducted an internal analysis. In order to choose the strategy that will enable their company to attain a sustained competitive advantage through this decision, in what other activity would Toyota managers have engaged in conjunction with this internal analysis?
a. The support of C-level management and majority stockholders
b. Nothing - an internal analysis is sufficient on its own.
c. An analysis of the company's external environment
d. An analysis of the company's finances and operations

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topeadeniran2 topeadeniran2 · Answer 1 · 2021-02-12T12:59:51+01:00

Answer: c. An analysis of the company's external environment

Explanation:

Apart from the internal analysis conducted by Toyota, it is vital for the organization to analyze its external environment.

We should note that the external environment of a business is made up of the legal, social, economic, demographic, political secturs etc.

To achieve organizational goals,buts paramount to analyse both the internal and the external environment.