Question: Can I have a discussion question response to this answer? In regard to strategic planning, internal analysis refers to the identification and evaluation of unlike

Can I have a discussion question response to this answer?

In regard to strategic planning, internal analysis refers to the identification and evaluation of unlike factors that are from inside the business and how they can affect a business from or to meeting its set ideas while external analysis is the making mindful and assessment of the different factors from outside a business that can delay or help contribute to it being effective. Some of the factors that organizations analyze parts of the internal analysis include the capability of the organization employees being competency and competitive in safeguarding markets for its products besides considering the costs all these will require because these are variables from within the organization. Some of the things organizations analyze as part of an external analysis are its suppliers, distributors and consumers of the organization products and resources because they are part of the outside world that gives an organization both chances to make things better in terms of invention as well as pressures that boasts them behind. The results of both internal and external analysis help an organization' strategic plan as it helps in identifying the strong points it has as well as faintness, chances and threats through the SWOT analysis so as a organization can make use of the chances given to them to guarantee their plans are met or to deal with jeopardies they are facing to ensure their strategic plans are met.

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