Examlex
How could you use formal reasoning to help improve your life?
External Environment
Refers to the outside factors and influences that can affect the performance and operation of a business, including economic, political, technological, and social elements.
Opportunities
Chances or prospects for advancement, progress, or profit in various contexts.
Threats
Potential negative circumstances or events that could harm an organization, its operations, or assets.
Competitive Advantage
The unique attributes or capabilities that allow an organization to outperform its competitors.
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