Which one of the following is most descriptive of strategic analysis?
A)Quantitative.
B)Customer focus.
C)Short-term focus.
D)Individual product focus.
E)Not linked to the firm's strategy.

Question

Quizplus · Accepted Answer

Strategic analysis is a customer-focused process that aims to understand and meet the needs of the target audience. It involves analyzing market trends, competition, customer preferences, and internal strengths and weaknesses to develop a plan of action that aligns with the organization's objectives. Quantitative analysis is a tool used in strategic analysis, but it is not the only factor considered. Strategic analysis typically takes a long-term perspective and considers the overall strategy of the organization rather than focusing solely on individual products or short-term goals.

Which One of the Following Is Most Descriptive of Strategic