Analysis of external opportunities and threats is the ___________component of the strategic management process.
A) the second
B) the last
C) an optional
D) the most difficult

Question

Quizplus · Accepted Answer

External analysis is typically the second component of the strategic management process, following the internal analysis. It is an essential step that helps organizations identify opportunities and threats in the external environment, which can impact their strategic decisions and outcomes. It is not an optional or the most difficult component, but rather an integral part of the strategic management process.

Analysis of External Opportunities and Threats Is the ___________Component of the Strategic