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The Objective of Assessing the External Environment Is to Determine

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The objective of assessing the external environment is to determine the timing and significance of the effects of environmental changes and trends on the strategic management of the firm.


Definitions:

Viscosity

A measure of a material’s resistance to flow.

Silicate Content

The proportion of silicate minerals present in a rock, soil, or other material.

Felsic

Refers to igneous rocks that are rich in light-colored minerals such as quartz and feldspars, typically associated with continental crust.

Higher Viscosity

Refers to fluids that have a greater resistance to flow, often relating to the thick, slow-moving nature of certain types of lava.

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