Which of the following stages of the strategic management process involves an evaluation of a firm's external and internal environments?

a. strategy analysis
b. strategy implementation
c. strategy formulation
d. strategy control

Answer is option A, i.e. Strategy analysis.

Explanation:

Strategy analysis can be understood as a process of evaluating the environment in which the business operates. This environment includes both internal as well as external environment. For a business to be successful, it is important that both internal, as well as the external environment, should be taken into consideration. Therefore, the correct answer is option A.

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answer; sensory adaptation;