Firm to study and understand the external environment

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Reference no: EM131231029

Please answer the following questions in substantive paragraphs:

(1) Why is it important for a firm to study and understand the EXTERNAL environment?

(2) How does the General Environment differ from the Industry Environment?

(3) Select any industry of your choice: Discuss at least TWO segments of the General Environment that you feel would have significant impact on this industry + explain why.

Reference no: EM131231029

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