Explain the methods of environmental analysis?
Answers
Answer:
Environmental analysis is a strategic tool. It is a process to identify all the external and internal elements, which can affect the organization's performance. The analysis entails assessing the level of threat or opportunity the factors might present. ... The analysis helps align strategies with the firm's environment
Answer:
Environmental analysis is made up of the processes of scanning, monitoring, analyzing, and forecasting the business situations and variables of the environment. Scanning is done to get information from the environment. ... Some of the major methods of analysis are Scenario Building, Benchmarking, and Network methods.01-Jan-2015
Explanation:
What are the methods of environmental analysis?
Different methods of strategic analysis are considered in this article, namely: SWOT analysis, PEST analysis, STEP analysis, GRID matrix, SNW analysis, EFAS form, and others that allow estimating the factors influencing the external environment of the market based on which organizations can make effective.
EFAS- External Factor Analysis System