Q105
The merging of analysis of internal and external factors influencing the organizations strategy is known as
A.
complete studies
B.
organizational behavior and theory
C.
definitional analysis
D.
SWOT analysis
AnswerAnswer: Option D
Solution
Answer: Option D
Solution:
The merging of analysis of internal and external factors influencing the organizations strategy is known as SWOT analysis. SWOT (strengths, weaknesses, opportunities, and threats) analysis is a framework used to evaluate a company's competitive position and to develop strategic planning. SWOT analysis assesses internal and external factors, as well as current and future potential.