Situation analysis involves the process of:
A. designing and choosing appropriate organizational strategies
B. analyzing the current environment of the organization
C. analyzing the external environment only
D. evaluating the internal aspects of the organization
Answer: Option B
Solution (By Examveda Team)
Situation analysis involves the process of analyzing the current environment of the organization. Situation analysis is defined as an analysis of the internal and external factors of a business. It clearly identifies a business's capabilities, customers, potential customers and business environment, and their impact on the company.This Question Belongs to Management >> Strategic Management
Strategy is developed by the visionary chief executive in ___________ mode of strategic management
A. planning mode
B. adaptive mode
C. strategic mode
D. entrepreneurial mode
Stability strategy is a ____________ strategy
A. corporate level
B. business level
C. functional level
D. strategic level
What are the means by which long term objectives will be achieved?
A. Strategies
B. Policies
C. Strength
D. Opportunities
Marketing strategy is a ___________ type of strategy
A. business level
B. Growth strategy
C. corporate strategy
D. functional strategy
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