Scanning the environment for threats and opportunities is referred to as ________.
A) developing implementation tactics
B) devising strategy
C) environmental analysis
D) organizational analysis

Question

Quizplus · Accepted Answer

Scanning the environment for threats and opportunities is known as environmental analysis. This process involves examining the external factors that can affect an organization's performance, such as the economy, technology, competition, and legal and sociocultural factors. This analysis can help organizations identify potential risks and opportunities and develop strategies to address them effectively. Developing implementation tactics is a separate step that comes after strategy development, and organizational analysis focuses on the internal strengths and weaknesses of an organization.

Scanning the Environment for Threats and Opportunities Is Referred to as ________