Describe the process for analyzing the external environment.  

Analyzing the external environment is a crucial step in the strategic management process, as it helps organizations to understand the opportunities and threats that exist in the market. The process for analyzing the external environment typically involves the following steps:

1. Identify the relevant factors: The first step is to identify the factors that are relevant to the organization's industry and market. This may include factors such as technology, regulations, consumer trends, and competitive _____ ____ _____ ________ ______ ____ _______ __________ _____ _____ ___.
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