Two external factors that are elements of an environmental scan are the economic climate and work force demographics

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The economic climate and work force demographics are both external factors that can be identified through an environmental scan. The economic climate refers to the overall state of the economy, including factors such as inflation, interest rates, and unemployment. Work force demographics, on the other hand, refer to the characteristics of the labor force, such as age, gender, education level, and skills. Both of these factors can have a significant impact on a business or organization and should be considered during the environmental scanning process.

Two External Factors That Are Elements of an Environmental Scan