An internal analysis, the third step of the strategic management process helps identify ________.
A)opportunities and threats
B)resources and capabilities
C)opportunities and possibilities
D)values and philosophy

Question

Quizplus · Accepted Answer

An internal analysis helps identify an organization's resources and capabilities. This includes its strengths and weaknesses, which are vital in determining its competitive position in the market. Opportunities and threats (option A) are part of the external analysis, while possibilities (option C) and values and philosophy (option D) are not typically considered in the internal analysis.

An Internal Analysis, the Third Step of the Strategic Management