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Discuss ETOP (Environmental, Threats, Opportunities And Profile)as a method of scanning the business environment

      

Discuss ETOP (Environmental, Threats, Opportunities And Profile)as a method of scanning the business environment

  

Answers


Faith
Mostly used in general environment
Involves:
1. Identification of the key environmental factors
2. Profiling the factors in order to priority
3. Identify any opportunities amongst these factors
4. Identifying any threats in external environment
5. Comparing the opportunities against the threats
6. Developing polices that help the business to exploit the opportunities and to avoid threats.


Titany answered the question on November 30, 2021 at 05:55


Next: Describe CRAP (Competition, Rivalry, Analysis, Profile) as a method of scanning the business environment
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