GENERAL KNOWLEDGE

GK

BUSINESS ECONOMICS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
This is the other term for environmental analysis.
A
SWOT analysis
B
PESTEL analysis
C
Industry analysis
D
Business analysis
Explanation: 

Detailed explanation-1: -An environmental analysis, also called an environmental scan, is a strategic tool used to identify and assess all external and internal elements in a business environment. It examines organizational and industry factors that can positively or negatively affect the business.

Detailed explanation-2: -What is a PESTLE analysis? A PESTLE analysis is an extension of the PEST model used for environmental scanning and includes the elements of Political, Economical, Social, Technological, Legal and Environmental factors that could have a direct or long lasting impact on the organization.

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