A _____ is an assessment of the strengths and weaknesses in an organization's internal environment and the opportunities and threats in its external environment.
A)market audit
B)firmlevel strategy
C)competitive deskilling
D)differentiation analysis
E)situational analysis

Question

A _____ is an assessment of the strengths and weaknesses in an organization's internal environment and the opportunities and threats in its external environment.
A)market audit
B)firm­level strategy
C)competitive deskilling
D)differentiation analysis
E)situational analysis

Quizplus · Accepted Answer

A situational analysis is a comprehensive assessment of an organization's internal and external environment, including strengths, weaknesses, opportunities, and threats. It is a crucial step in the development of a strategic plan and helps organizations to identify areas for improvement and growth. A market audit is a more specific assessment of a company's position in the marketplace, while firm-level strategy, competitive deskilling, and differentiation analysis are not related to a comprehensive assessment of the internal and external environment.

A _____ Is an Assessment of the Strengths and Weaknesses