Final answer:
Analyzing the internal environment enables a firm to identify opportunities and threats in order to determine future actions.
Step-by-step explanation:
The statement is true.
When analyzing the internal environment of a firm, it is important to identify both opportunities and threats. By understanding these factors, the firm can determine what it might do to capitalize on opportunities or mitigate threats.
For example, if a firm identifies a growing market segment as an opportunity, it might consider developing new products or services to target that segment. On the other hand, if a firm identifies a competitive threat from a rival company, it might develop strategies to differentiate itself and maintain its market position.