True or false STEEP analysis considers the general environment of a company and is not focused on the market or industry it operates STEEP analysis helps companies identify and assess trends, opportunities and risks that porter's five forces cannot do. STEEP analysis is easy to do because it categorizes the external environment in five areas only.

True or false STEEP analysis considers the general environment of a company and is not focused on the market or industry it operates STEEP analysis helps companies identify and assess trends, opportunities and risks that porter's five forces cannot do. STEEP analysis is easy to do because it categorizes the external environment in five areas only.

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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