Course Solutions Uncategorized (Answered) : Q42 Complete the following sentence: An important element of the Business Plan is the _______________, which identifies the i

(Answered) : Q42 Complete the following sentence: An important element of the Business Plan is the _______________, which identifies the i

Q42

Complete the following sentence: An important element of the Business Plan is the _______________, which identifies the internal and external forces affecting the company. [1 Mark]

Expert Answer


Answer:Situational Anlaysis

Explanation:

Situational analysis helps to identify the capabilities,customers,potential customers,business environment and how they impact the business or company.Managers use this method to identify and analyze the organization’s internal and external factors

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