External monitoring entails collecting intelligence from various data sources and then giving that intelligence context and meaning for use by decision makers within the organization.

Question

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External monitoring involves gathering information from different sources and analyzing it with the purpose of providing valuable insights to decision-makers within the organization. This process helps to keep track of external factors that can affect the business, such as economic trends, regulatory changes, competitor activities, and customer behavior, and to turn this information into actionable intelligence for strategic planning and risk management.

External Monitoring Entails Collecting Intelligence from Various Data Sources and Then