A Technique for Assessing an Organization's Internal and External Environments

question 106

Multiple Choice

A technique for assessing an organization's internal and external environments in order to formulate strategy is called a

• A)BCG Matrix.
• B)SWOT analysis.
• C)benchmarking strategy.
• D)diversification exercise.
• E)functional strategy.

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Definitions:

Open Diplomacy

A form of diplomacy in which the proceedings and agreements are made public, in contrast to secret diplomacy.

Economic Ties

Connections between countries or regions based on trade, investment, and financial activities, influencing their economic stability and growth.

Neutral

A state or position of not supporting or helping either side in a conflict or disagreement.

Pro-German Sympathies

Sentiments of support or favoritism towards Germany and its policies, particularly noted during the periods surrounding the World Wars.