Analysis of external opportunities and threats is __________ step of the strategic management process.
A)the second
B)the last
C)an optional
D)the penultimate

Question

Quizplus · Accepted Answer

Analysis of external opportunities and threats is typically the second step in the strategic management process, following the analysis of internal strengths and weaknesses. This allows organizations to understand both their internal capabilities and external environment before formulating and implementing strategies.

Analysis of External Opportunities and Threats Is __________ Step of the Strategic