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Which of the given techniques is a way of assessing the entrepreneurial environment?

A. SWOT analysis
B. free writing
C. mind mapping
D. self-analysis

Respuesta :

Answer:

A. SWOT analysis

Explanation:

A SWOT analysis is a business administration technique that assesses both the internal and external enviroment of a business.

The internal enviroment consists of the firm's strengths and weaknesses, while the external enviroment consists of the threats and opportunities that the firm has to face.

Once these factors are added in the SWOT matrix, strategies are formulated taking into account two elements of each of these factors at the time. For example, one strategy can combine a weakness and and a threat, while another strategy can combine a strength and an opportunity.