A. Organizational analysis
B. Industry analysis
C. Environmental analysis
D. Competitive analysis
✅ The correct answer is option B.
Industry analysis begins with identifying the industry’s dominant economic features and forming a picture of the industry landscape. An industry analysis is a business function completed by business owners and other individuals to assess the current business environment. This analysis helps businesses understand various economic pieces of the marketplace and how these various pieces may be used to gain a competitive advantage.
Industry analysis begins with identifying the industry’s dominant economic features and forming a picture of the industry landscape. An industry analysis is a business function completed by business owners and other individuals to assess the current business environment. This analysis helps businesses understand various economic pieces of the marketplace and how these various pieces may be used to gain a competitive advantage.