Question

_____ is the strategic planning process that helps a firm evaluate its current managerial, technical, material and financial strengths and weaknesses.
a) Corporate governance
b) Internal resource analysis
c) Administrative coordination
d) Environmental scanning

Answer 1

Answer: (B) Internal resource analysis

Explanation:

The internal resource analysis is the process of strategic planning which helps an organization or firm to evaluating the financial, technical and the material strength and also evaluate its weakness.

The internal resource analysis basically provide the valuable result analysis in an organization by building a effective capabilities and strength and also reduce the weaknesses. It is mainly related to the SWOT analysis and basically provide the various factor after analysis an organization.

Therefore, Option (B) is correct.