The concept that advocates management's attempt to find a strategic fit between external opportunities and internal strengths while working around external threats and internal weaknesses is called
A) environmental analysis.
B) position analysis.
C) strategic evaluation.
D) objective analysis.
E) situation analysis.

Question

Quizplus · Accepted Answer

The concept described in the question is known as situation analysis. It involves evaluating the external opportunities and threats as well as internal strengths and weaknesses to determine the organization's strategic fit. This analysis helps management develop effective strategies to overcome weaknesses and threats while capitalizing on strengths and opportunities.

The Concept That Advocates Management's Attempt to Find a Strategic