Describe and Discuss the Four Activities of the External Environmental

question 40

Essay

Describe and discuss the four activities of the external environmental analysis process.

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Definitions:

Duress

The use of force, pressure, or threats to compel someone to act against their will or better judgment in concluding a contract or performing an act.

Improper Threats

Coercive actions or statements intending to force someone into an agreement or decision against their will, often considered unlawful.

Mistake

An error or misunderstanding that can impact the validity of a contract or agreement.

Agreement

A mutual understanding or arrangement between two or more parties, often formalized by a contract, regarding their rights and responsibilities.