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Describe the Relevance of Analyzing the Internal and External Environment

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Describe the relevance of analyzing the internal and external environment to the strategic management process.


Definitions:

Resource Requirements

The necessary inputs and materials needed for a process, organization, or system to function properly.

Nutrient Relationships

The interactions and balance between nutrients within an ecosystem, crucial for the health and growth of plants and animals.

Allelic Frequencies

The relative frequencies of different alleles of a gene in a population, which can change over time due to natural selection, mutation, or genetic drift.

Genetic Expressions

The process by which information from a gene is used in the synthesis of a functional gene product, like a protein.

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