In conducting a formal strategic analysis of his family's retail appliance business, Jack engaged in three primary activities; an external environmental analysis and a/an __________ environmental analysis, and a mission assessment.
A) operational
B) industry
C) internal
D) functional
E) global

Question

Quizplus · Accepted Answer

In strategic analysis, an internal environmental analysis is essential alongside an external environmental analysis and a mission assessment to understand the strengths, weaknesses, opportunities, and threats (SWOT) the business faces.

In Conducting a Formal Strategic Analysis of His Family's Retail