1.Use outside research to collect evidence from relevant sources and analyze how each of these factors can impact a business.

2.Answer the following questions with at least one well-developed paragraph for each question:

oWhat are some of the different tools that managers can use to monitor external environmental factors?

oHow do managers use the results of environmental analysis to respond to changing external factors?

oCan changes to an organization'sinternalfactors be effective in responding to changingexternalfactors?If yes, how?

oIn what ways can strategic planning help to minimize the impact of changing external environmental factors?

oWhat external factors are most likely toaffect your business?Explain the ways your organization responds to changes in those factors.

Compose a final paragraph summarizing your analysis of these factors and presenting your conclusions, so that your final post is a minimum of six paragraphs in length.