BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -The main objective of this type of analysis is to find out the strengths and weaknesses of your organization. It helps management in making decisions for the development of corporate strategy, formulation, and implementation procedures. The internal analysis analyzes internal factors which are controllable.

Detailed explanation-2: -a. There are five main components of an Internal Analysis, including resources, capabilities, core competencies, competitive advantage, and strategic competitiveness. Each component is the basis of next one in turn.

Detailed explanation-3: -The analysis gives management the knowledge to leverage the organization’s strengths, expertise, and opportunities. It also enables management to develop strategies that mitigate threats and compensate for identified weaknesses and disadvantages.

Detailed explanation-4: -An internal assessment means an inspection of your company’s cost position, its competency, and its competitive viability. Internal assessments often incorporate metrics that give you actionable insight about your company’s strengths, its weakness, its opportunities, and its threats (known as SWOT analysis).