How does environmental analysis help business organizations develop strategies?
Environmental analysis, like the clairvoyance of a company, can provide insight into market trends, competitive landscape, and potential risks. Through SWOT analysis and other methods, we can clarify the strengths and weaknesses of the company, and evaluate external opportunities and threats, so that we can formulate realistic strategies. Only by in-depth understanding of the environment can companies make wise decisions in the ever-changing market, improve their competitiveness, and ultimately achieve their goals.