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Management · Q228

Strategic Management

Graduate and Post Graduate · Management · question 228

Q228

___________ is also known as corporate appraisal, appraisal of internal factors and audit of organizational competence

A.
Organizational analysis
Answer
B.
Environmental analysis
C.
Industry analysis
D.
Business analysis

Answer: Option A

Solution

Answer: Option A
Solution:
Organizational analysis is also known as corporate appraisal, appraisal of internal factors and audit of organizational competence. Organizational analysis is the process of appraising the growth, personnel, operations, and work environment of an entity. Undertaking an organizational analysis is beneficial as it enables management to identify areas of weakness, and then find approaches for eliminating the problems.