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A firm’s external environment usually consists of customers, competitors, and suppliers.

A firm’s external environment usually consists of customers, competitors, and suppliers. It is necessary to carry out an analysis of the external environment, in order to find out the opportunities and threats that can positively or negatively influence an organization’s ability to reach its goals. Analysing the external environment and the organization’s resources are usually part of


[A]Functional level planning process


[B]Financial planning process


[C]Determining the mission of the business


[D]Strategic planning process

Dec 05 2017 Read more Less More

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