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Evaluate the following: =
External Environment
The external forces that affect an organization's performance, including economic, technological, socio-cultural, and political factors.
Economic Conditions
Refers to the current state of the economy, characterized by factors like unemployment rates, inflation levels, and GDP growth.
Labor Markets
The supply and demand dynamics of available work and workers, influencing employment levels, wages, and working conditions.
Maquiladoras
Factories located in Mexico run by foreign companies that import materials on a duty-free and tariff-free basis for assembly or manufacturing and then export the assembled product.
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