"Researching Possible Faults and Gathering Information" Is Which Step of Strategy-Based

question 16

Multiple Choice

"Researching Possible Faults and Gathering Information" is which step of strategy-based diagnosis?

• A) Step 1
• B) Step 2
• C) Step 3
• D) Step 4

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Definitions:

Situation Analysis

An assessment process that involves evaluating the internal and external factors affecting an organization's performance to identify potential opportunities and threats.

Internal Environment

Refers to the conditions, entities, events, and factors within an organization that influence its activities and choices, including its employees, management, corporate culture, and internal processes.

External Environment

All external factors outside of an organization that affect its operations, including market trends, economic conditions, and regulatory landscape.

Market-oriented

An approach or strategy that prioritizes understanding and meeting the desires and needs of customers within a market.