Question

Analysis of internal environment is also called as

Answer 1

An organization's internal environment is composed of the elements within the organization, including current employees, management, and especially corporate culture, which defines employee behavior. Although some elements affect the organization as a whole, others affect only the manager. A manager's philosophical or leadership style directly impacts employees. Traditional managers give explicit instructions to employees, while progressive managers empower employees to make many of their own decisions. Changes in philosophy and/or leadership style are under the control of the manager. The following sections describe some of the elements that make up the internal environment.

Answer 2

The analysis of the internal environment is also called a SWOT analysis.

Explanation:

• The internal environment consists of various factors that affect the business or can be affected by them.  

• It consists of the culture, traditions, people, work activities, management, and many other factors.  

• The SWOT analysis helps in identifying the strengths, weaknesses, opportunities, and threats that are linked with the enterprise.  

• Understanding these factors help in formulating strategies for the growth of the company.  

• The internal analysis takes into account the resources of the company, the objectives of the firm, its plans and policies.  

• It works on various methods and techniques for achieving the goals of the company.  

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