_____ is a widely used tool that helps show the big picture of a firm's external environment, particularly as related to foreign markets.

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PESTEL analysis is a tool used to analyze and monitor the macro-environmental factors that may have a profound impact on an organization's performance. It stands for Political, Economic, Social, Technological, Environmental, and Legal factors. This analysis helps businesses understand the bigger picture of the environment they operate in, especially when considering expansion or operations in foreign markets.

_____ Is a Widely Used Tool That Helps Show the Big