Which of the following statements concerning strategic analysis is true?
A) Strategic analysis focuses exclusively upon external analysis.
B) External analysis focuses on the strengths and weaknesses of the organization.
C) Internal analysis focuses on the threats and opportunities facing the organization.
D) External analysis focuses on the threats and opportunities facing the organization.

Question

Which of the following statements concerning strategic analysis is true? 
A) Strategic analysis focuses exclusively upon external analysis. 
B) External analysis focuses on the strengths and weaknesses of the organization. 
C) Internal analysis focuses on the threats and opportunities facing the organization. 
D) External analysis focuses on the threats and opportunities facing the organization.

Quizplus · Accepted Answer

Strategic analysis is the process of examining an organization's external and internal environment to identify opportunities and threats that may affect its performance. External analysis focuses on factors outside the organization's control, such as economic trends, political and regulatory factors, technological advancements, and competitive dynamics. This analysis helps organizations understand the threats and opportunities they face and develop strategies to take advantage of these opportunities and mitigate the threats. Internal analysis, on the other hand, focuses on identifying the organization's strengths and weaknesses, such as its resources, capabilities, culture, and structure, to determine how well it is positioned to achieve its goals and objectives.

Which of the Following Statements Concerning Strategic Analysis Is True