Question

Analyzing the business environment innovation means _____________.

• A. identifying key competitive forces; identifying competitive position; identifying key opportunities, threats, strengths and weaknesses
• B. auditing macro environmental influences, identifying key competitive forces, identifying competitive position; identifying key opportunities and threats
• C. auditing external and organizational factors; identifying key competitive forces; identifying competitive position; identifying key opportunities and threats
• D. assessing historical trends; auditing environmental dangers; identifying strategic capabilities; identifying competitive position

Answer 1

The correct option is B auditing macro environmental influences, identifying key competitive forces, identifying competitive position; identifying key opportunities and threats

Business environmental innovation is the process of auditing the macro environmental influences that affect the macro environmental forces of the business, identifying the competitive forces that play key to the working of business, the analysis of the opportunities and threats is also an important factor in the business environment innovation.