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Question

Which among the following analysis is a tool for environmental analysis?

A
SWOT
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B
EOQ
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C
MBO
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D
PLC
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Solution

The correct option is A SWOT

SWOT analysis is a type of environment scanning where SWOT stands for strengths, weakness, opportunities and threats of the business which was first introduced by Albert S Humphrey to analyse different sectors of the business and improve it. It is known as internal-external analysis as it includes both internal as well as external forces of the business.


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