Question: Read the following statements and select the correct answer: Statement I: Internal analysis is carried out to assess a firm's capabilities and critical success factors

Read the following statements and select the correct answer: 


Statement I: Internal analysis is carried out to assess a firm's capabilities and critical success factors compared to those of its competitors. 


Statement II: It is less important for a company to know how to formulate successful strategies than its ability to successfully implement them. 



a. Only Statement I is correct 


b. Only Statement II is correct


c.  Both Statements I and II are correct 


d. Neither Statement I nor Statement II are correct

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