Analyzing the environment is also known as _________.
A)Planning strategy
B)Situation analysis
C)Competition analysis
D)Developing the mission

Question

Quizplus · Accepted Answer

Analyzing the environment is commonly referred to as situation analysis. It involves examining both internal and external factors that can impact an organization's success. This process helps businesses to identify opportunities and threats, as well as evaluate their strengths and weaknesses. Planning strategy, competition analysis, and developing the mission are all important components of the overall strategic planning process, but they do not specifically refer to the analysis of the environment.

Analyzing the Environment Is Also Known as _________