To understand the environment, the starting point of the analysis is:
A)Classifying the environmental influences by source
B)Classifying the environmental influences by proximity
C)Both of the above
D)To identify the industry you are in; your customers, suppliers and competitors.

Question

Quizplus · Accepted Answer

The starting point of analyzing the environment is to identify the industry you are in, your customers, suppliers, and competitors. This will provide a clear understanding of the business and the environment in which it operates. Classifying environmental influences by source and proximity can come later in the analysis process.

To Understand the Environment, the Starting Point of the Analysis