_____ consists of examining the organization's operating environment to identify the strategic opportunities and threats.

Question

Quizplus · Accepted Answer

External analysis involves examining the organization's operating environment to identify opportunities and threats. Strategic formulation involves developing strategies to capitalize on the identified opportunities and overcome the threats. Internal analysis involves assessing the organization's strengths and weaknesses, and strategic choice involves selecting the best strategy from the available options.

_____ Consists of Examining the Organization's Operating Environment to Identify