What are the external factors which can cause change?
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Explanation:
Customers, competition, the economy, technology, political and social conditions, and resources are common external factors that influence the organization. In order for managers to react to the forces of internal and external environments, they rely on environmental scanning.
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Answer:
Businesses can't control external factors but must respond to them. These political, economic, social, technological, environmental and competitive factors are represented by the acronym PESTEC. Business management.
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