Environmental analysis refers to a systematic and categorized analysis of the environment and its impact on your business. This assessment can help you determine and manage risks and threats to your business. It can also assist you in creating strategic plans for your business.

Environmental analysis products help organizations determine the factors that impact their strategic positions. By assessing these factors, organizations can formulate strategies to maximize their opportunities and minimize threats. The process is usually conducted during a strategic planning phase.

Environmental analysis is a strategic tool that helps business owners identify threats and opportunities within their industry. These threats and opportunities can be used to make decisions about their strategic plans. To conduct environmental analysis, business owners should be able to analyze a number of external and internal factors that...