Analysis of a firm's internal environment identifies the firm's ________.

Question

Quizplus · Accepted Answer

Analysis of a firm's internal environment focuses on controllable elements, such as its resources, capabilities, and organizational structure. This includes things like the firm's workforce, technology, and financial resources, which management can directly influence in order to improve the firm's performance. Uncontrollable elements, such as macroeconomic forces and industry trends, are typically analyzed through an external environmental analysis. The other answer choices (future, plans, customers) are not specific to the analysis of a firm's internal environment.

Analysis of a Firm's Internal Environment Identifies the Firm's ________