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Examveda

____________ is also referred to as external strategic management audit

A. Organizational analysis

B. Environmental analysis

C. Industry analysis

D. None of the above

Answer: Option C

Solution(By Examveda Team)

Industry analysis is also referred to as external strategic management audit. An industry analysis is a business function completed by business owners and other individuals to assess the current business environment. This analysis helps businesses understand various economic pieces of the marketplace and how these various pieces may be used to gain a competitive advantage.

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