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3 The risk identification is the very important benefit of environmental analysis. Explain how will it benefit the domestic organization.​

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nmental analysis" is a strategic tool used to identify all the "external & internal" factors that can impact the organisation's performance. The analysis entails assessing the risk LEVEL or opportunity the factors might present.Explanation:The benefits of environmental analysis to domestic organisation areThis helps COMPANIES to analyze the environment and formulate plans appropriately, which would accomplish the goals effectively.It allows entrepreneurs flexibility to predict opportunities and prepare to respond optionally. This also helps to develop "early warning system" to prevent risks as well develop strategies that may affect the organizationEnvironmental changes are also frequent & unexpected. Moreover, changes of this type can not be ANTICIPATED in advance precisely. Again, the organisation can only foresee a few and not all such changes. Environmental analysis helps to predict the COMPANY's future prospects.Many environmental conditions challenge the strategic approach of the organisation and the achievement of its objectives. While other conditions give greater opportunities for the achievement of the goals. The organisation can perceive the risk involved by carrying out a comprehensive analysis of environmental factors and can also benefit from the opportunitiesTo know moreWhat is environmental analysis why should it be conducted ...brainly.in/question/10942836



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