Business Studies, asked by kailashjam28, 1 month ago


Analysis of competitor's strategies is an element of______
environmental analysis
Option 1 macro
Option 2 external
Option 3 internal
Option 4 international​

Answers

Answered by nikitapawar9545
4

Answer:

option B is correct answer please follow me

Answered by sarahssynergy
1

The correct answer is option (2) External environment.

  • Analysis of competitor's strategies is an element of External environmental analysis.
  • External analysis means examining the industry environment.
  • Conducting an Competitor Analysis enables a business to respond to opportunities and threats that the business environment entails.
  • Conducting an external analysis can help businesses identify operational elements.
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