Vidyalelo
Management · Q189

Strategic Management

Graduate and Post Graduate · Management · question 189

Q189

__________ is identifying opportunities and threats affecting their business

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

Answer: Option B

Solution

Answer: Option B
Solution:
Environmental analysis is identifying opportunities and threats affecting their business. Environmental analysis is a strategic tool. It is a process to identify all the external and internal elements, which can affect the organization's performance. The analysis entails assessing the level of threat or opportunity the factors might present.