Question

Which of the following statements regarding the internal environment analysis is wrong?

A. It is the evaluation of the resources, processes, practices and successes that the company has.

B. It is an important factor in determining the weak and strong aspects of the business.

C. It causes an increase in the success of the business.

D. Increases the quality of the business and reduces costs.

E. It leads to an increase in individual work in the enterprise.

Answer 1

From the given statements as we can observe that the option (e) is wrong.

Reason - Internal Environment analysis means analyzing the strenghts and weaknessess of the business entity. Which also reduces in reduction of the time and minimize the redudant work of the individual in the enterprise. Hence we can say that all the given statements are correct and are in line with the internal environmental analysis concept.

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