Identify and Describe the Three Major Parts of the External

question 34

Essay

Identify and describe the three major parts of the external environment. What is the purpose of the firm's collecting information about these aspects of its environment?

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Definitions:

Common Space

Areas accessible and used by the public or a community, including parks, shared gardens, and public squares.

Urban Areas

Regions characterized by higher population density and vast human features in comparison to areas surrounding them.

Employment

The condition of having paid work or the relationship between an employer and an employee.

Tax Laws

Regulations governing the taxation of income, property, goods, services, and estates.