Environmental Analysis

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When conducting an environmental analysis of a business, it’s important to consider various factors that could impact its operations and strategy.Using your organization (you may research one or use one you previously or currently work for), write a 5-6 page (excluding the title and reference pages) analysis to include the following: Economic Factors:How is inflation, interest rates, and unemployment affecting consumer spending?Are there any economic trends that could influence the industry positively or negatively?Social Factors:How are changing lifestyles and consumer behaviors impacting demand for products/services? Technological Factors:What technological advancements could disrupt the industry?Are there opportunities to leverage new technologies to improve efficiency or innovate?Environmental Factors:What are the environmental regulations and trends affecting operations?Competitive Factors:Are there new or substitute products/services that could disrupt the market position?