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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

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