Final answer:
The statement about external environment pressures both demanding certain strategies and limiting available ones is true. External factors such as laws, competition, and economic conditions can dictate the strategic decisions a firm can realistically make.
Step-by-step explanation:
The statement that the external environment pressures the firm to adopt strategies to meet that pressure, while simultaneously constraining or limiting the scope of strategies that can be successful, is true. Businesses must respond to forces like competition, legal and regulatory issues, economic conditions, and technological change. However, these factors can also impose limitations on the choices available to companies.
For instance, environmental regulations might force firms to invest in cleaner technologies, but this same regulation may restrict them from pursuing cheaper but more polluting processes. Similarly, an increased dependency on imported oil can lead to strategic moves aimed at diversifying energy sources or investing in alternative energy to bolster national security. All these dynamics show how external forces can direct and limit strategic business decisions. Understanding how demand and supply models apply to international trade is critical in this complex environment.