34.5k views
4 votes
Patrick expects that each person he hires for his online business to be involved in studying trends involving new​ technology, competitors, and customers. These employees are involved in​ ________. A. customer analysis B. external analysis C. internal analysis D. industry analysis

1 Answer

5 votes

Answer:

B. external analysis

Step-by-step explanation:

External Analysis is the analysis of the external environment and provides insight into the opportunities and threats within a business environment. This forms the input for a SWOT Analysis on which the ultimate strategy of a business is based. Together with the Internal Analysis, it forms the Situational Analysis.

User Renato Borges
by
8.8k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.