Question

_____ is a classic management tool that incorporates the idea of scanning elements such as strengths, weaknesses, opportunities, and threats which are both external and internal to the firm.
a. PESTLE analysis
b. Business intelligence
c. Enterprise resource planning
d. Process mining
e. SWOT analysis

Answer 1

Answer:

The correct answer is E

Explanation:

SWOT analysis stands for Strength, Opportunities, Threats and Weaknesses analysis, is defined or described as the framework which is used for analyzing as well as identifying the factors of the external and the internal, which have an impact on the product, person or product viability.

So, the SWOT is the one which is a classic management tool or technique which incorporates the elements of the scanning.