Answer:
An internal analysis is the process of examining an organization's internal components in order to assess its resources, assets, characteristics, competencies, capabilities, and competitive advantages.
Step-by-step explanation:
An internal analysis is the process of examining an organization's internal components in order to assess its resources, assets, characteristics, competencies, capabilities, and competitive advantages. This assists management by identifying the organization's strengths and weaknesses during the decision-making, strategy formulation, and execution processes.
Simply put, an internal analysis allows a company to determine what it can do to improve its internal capability to manage execution and change.
An internal assessment in strategic management should be the foundation of any business strategy, and we'll show you how to conduct one and which tools you have at your disposal to conduct one.