SITUATION ANALYSIS
(noun)Definitions
There is 1 meaning of the phrase
Situation Analysis.
Situation Analysis - as a noun
A systematic collection and evaluation of past and present economical, political, social, and technological data, aimed at (1) identification of internal and external forces that may influence the organization's performance and choice of strategies, and (2) assessment of the organization's current and future strengths, weaknesses, opportunities, and strengths.
Example: "The situation analysis looks at both the macro-environmental factors that affect many firms within the environment and the micro-environmental factors that specifically affect the firm."
Example Sentences
"The company conducted a thorough situation analysis before launching the new product."
"During the situation analysis, it was revealed that the market demand had changed significantly."
"The situation analysis helped the team identify the strengths and weaknesses of their competitors."
"In the situation analysis report, the economic factors affecting the industry were carefully examined."
"The situation analysis showed that customer satisfaction levels were declining."
