Asked by Joseph Amberg on Jun 10, 2024

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The situation analysis is composed of which three subsections?

A) market summary, financials, and controls
B) SWOT analysis, competition analysis, and financials
C) market summary, competition analysis, and financials
D) market summary, SWOT analysis, and competition analysis
E) SWOT analysis, target market, and controls

Situation Analysis

An evaluation of an organization's current state, including its internal conditions and external environment, to identify strengths, weaknesses, opportunities, and threats.

SWOT Analysis

A strategic planning tool that helps organizations identify their Strengths, Weaknesses, Opportunities, and Threats related to business competition or project planning.

Competition Analysis

The process of identifying, assessing, and analyzing competitors in the market to understand their strengths, weaknesses, strategies, and market position.

  • Identify and describe the components of a situation analysis.
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Verified Answer

DA
dequez Andrews

Jun 12, 2024

Final Answer :
D
Explanation :
A situation analysis typically includes a market summary, SWOT analysis (Strengths, Weaknesses, Opportunities, Threats), and competition analysis to provide a comprehensive overview of the internal and external factors affecting an organization.