Environment analysis doesn't involve.

Creation of data

The correct answer is option (3) - Creation of data.

The creation of data is not a direct part of the analysis process; instead, it is about gathering existing data from various sources.

Environment analysis is the process of monitoring the economic and non-economic environment, to determine the opportunities and threats to an organisation. Such an analysis involves data collection, information processing and forecasting to provide a rational basis for developing goals and strategies for business survival and growth.