Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

There are always environmental factors that an organization can readily affect, as well as factors in the general environment that lie beyond the organization's control

There are always environmental factors that an organization can readily affect, as well as factors in the general environment that lie beyond the organization's control or direct influence. And yet, strategic managers must continually take into account what is happening in many areas of the general environment as they continually formulate, implement, and evaluate their strategy. One of the most important tools that strategic managers can use to identify and understand the emerging opportunities and threats is the __________________________________. Question 1 options: a) PESTEL analysis. b) Four Forces analysis c) SIPOC analysis. d) Environmental Climate analysis

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Hospitality Information Technology Learning How To Use It

Authors: Galen R Collins, Cihan Cobanoglu

6th Edition

0757581099, 9780757581090

More Books

Students also viewed these General Management questions

Question

1. To take in the necessary information,

Answered: 1 week ago