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Nagel declares that the objective perspective is the true perspective.
Industry Environmental Factors
External influences that affect an industry’s performance, competitiveness, and opportunities, including economic, technological, legal, and sociocultural factors.
Resource Suppliers
Entities or individuals that provide the necessary inputs, such as raw materials or services, for other businesses to operate.
Market Rivals
Companies or entities within the same industry or market that compete against one another for customers, sales, and market share.
New Technologies
Recent advancements or innovations in technology that can potentially alter how businesses operate or how consumers interact with products.
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