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Management · Q236

Strategic Management

Graduate and Post Graduate · Management · question 236

Q236

__________ of an organization deals with investigation of organizational strengths and weaknesses by focusing on factors which are relevant to it

A.
External analysis
B.
Internal analysis
Answer
C.
Industry analysis
D.
Business analysis

Answer: Option B

Solution

Answer: Option B
Solution:
Internal analysis of an organization deals with investigation of organizational strengths and weaknesses by focusing on factors which are relevant to it. An internal analysis is an exploration of your organization's competency, cost position and competitive viability in the marketplace. Conducting an internal analysis often incorporates measures that provide useful information about your organization's strengths, weakness, opportunities and threats – a SWOT analysis.