The term ___ fit refers to the alignment of an organization’s resources and capabilities with its external environment.

The term "strategic fit" refers to the alignment of an organization's resources and capabilities with its external environment. This concept emphasizes the importance of ensuring that the strategies employed by an organization are not only internally coherent but also responsive to external factors such as market conditions, competitive dynamics, and customer needs. Achieving strategic fit enables organizations to capitalize on their strengths and mitigate their weaknesses in relation to the opportunities and threats present in the environment, resulting in better overall performance and a sustainable competitive advantage. Organizations often conduct a SWOT analysis (Strengths, Weaknesses, Opportunities, Threats) to assess this alignment effectively.