Which of the following is/are objective(s) of environmental analysis?

To provide an understanding of current and potential changes taking place in the task of environment.

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To provide inputs for strategic decision making.

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To facilitate and foster strategic thinking in an organization.

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All of the above

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Solution

The correct option is B All of the above
Environmental analysis helps the firms to understand what is happening both inside and outside the organization and to increase the probability that the organisational strategies developed will appropriately reflect the organizational environment.

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Which of the following is/are objective(s) of environmental analysis?

The correct option is B All of the aboveEnvironmental analysis helps the firms to understand what is happening both inside and outside the organization and to increase the probability that the organisational strategies developed will appropriately reflect the organizational environment.

The correct option is B All of the above
Environmental analysis helps the firms to understand what is happening both inside and outside the organization and to increase the probability that the organisational strategies developed will appropriately reflect the organizational environment.