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Management · Q311

Strategic Management

Graduate and Post Graduate · Management · question 311

Q311

Situation analysis allows the organization to examine:

A.
external factors only
B.
internal factors only
C.
the organization's top management only
D.
both external and internal factors
Answer

Answer: Option D

Solution

Answer: Option D
Solution:
Situation analysis allows the organization to examine both external and internal factors. Situation analysis is defined as an analysis of the internal and external factors of a business. It clearly identifies a business's capabilities, customers, potential customers and business environment, and their impact on the company.