Discuss the differences between an internal analysis and an external analysis with respect to strategic planning.

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Respond to the following in a minimum of 175 words:

Discuss the differences between an internal analysis and an external analysis with respect to strategic planning.

What do organizations typically analyze as part of an ? Why?

What do organizations typically analyze as part of an external analysis? Why?

How do the results of each of these analyses inform an organization�s strategic plan?

Answer preview to Discuss the differences between an internal analysis and an external analysis with respect to strategic planning.

Question One Intemal analysis concentrates on a firm's strengths and limitations, while extemal analysis concentrates on the opportunities and threats existing within the organization's extemal environment (Amirshenaya & Qsanloo, 2022). Both intemal and extemal analysis play a crucial role in strategic planning because they offer detailed information on the firm's present position and future direction.

Last Updatd: 02 Aug,2023

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Discuss the differences between an internal analysis and an external analysis with respect to strategic planning.

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