Examlex
A current competitive strength may disappear because of:
Internal Situation
Refers to the conditions and factors within an organization that influence its operations, such as employee morale, financial health, and operational efficiency.
External Situation
Factors outside an organization that can affect its performance, including economic conditions, competition, and legal constraints.
Scanning the Situation
The process of carefully examining and assessing the current state or conditions of an environment or situation to identify key elements and challenges.
Forecasting
Forecasting involves making predictions about future events or trends based on current and historical data analysis.
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