The micro environment refers to economic, social, and legal issues confronting the firm.
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Q3: The external environment in which firms compete
Q4: Profitability varies widely from industry to industry.
Q5: The external environment provides business opportunities to
Q6: Growth of local and foreign national economies
Q7: The political environment can have a significant
Q9: The primary focus of PESTEL analysis is
Q10: Once a strategy is congruent with PESTEL
Q11: Industry analysis examines only the competitors in
Q12: Both the PESTEL and SWOT analyses help
Q13: Political, technical, and environmental issues are elements
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