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Which THREE of the following frameworksare usedsolelyto evaluate the external environment of an Organization?
Suggested Answer: A, B, C
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12 comments · newest first
JA
Janessa
3 days ago
C is tricky, but it focuses on external factors too.
KI
King
8 days ago
I agree, A and B definitely fit.
VI
Vince
13 days ago
I think A, B, and C are the right choices.
YA
Yan
18 days ago
I thought Kaplan and Norton's Balanced Scorecard was for internal performance, not external.
NE
Nenita
23 days ago
Porter's Diamond is all about external factors too!
VE
Venita
28 days ago
Wait, isn't Porter's Value Chain about internal processes?
RI
Rikki
1 month ago
I agree, Porter's Five Forces is also focused on the external environment.
SH
Shanice
1 month ago
PEST Analysis is definitely for external evaluation.
CA
Cary
1 month ago
I'm pretty confident that PEST and Porter's Five Forces are correct, but I'm a bit hazy on whether Porter's Diamond is purely external or has internal elements too.
LO
Louis
2 months ago
I practiced a question like this before, and I think the Balanced Scorecard is more about internal metrics, so it shouldn't be one of the answers.
RA
Raymon
2 months ago
I think Porter's Five Forces Model is also focused on the external environment, but I can't recall if the Diamond model fits that too.
HA
Harrison
2 months ago
I remember that PEST Analysis is definitely one of the frameworks for evaluating the external environment, but I'm not sure about the others.