By Conducting an External Analysis, a Firm Identifies the Critical

question 20

True/False

By conducting an external analysis, a firm identifies the critical threats and opportunities in the industry's competitive environment.

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Definitions:

Workforce Inclusiveness

Efforts to create a workplace that welcomes, respects, and values diversity among employees.

Action Planning

The process of identifying specific steps or strategies to achieve goals or objectives.

Optimal Sequence

The most effective or efficient order in which a series of events, actions, or operations can be undertaken to achieve a desired outcome.

Accountable

Being responsible for one’s actions and being prepared to openly discuss and justify them to stakeholders.