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An analysis of the economic segment of the external environment would include all of the following EXCEPT?

1) Government policies and regulations
2) Market demand and supply
3) Competitor analysis
4) Technological advancements

User Senz
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1 Answer

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Final answer:

An economic segment analysis includes government policies, market demand and supply, and technological advancements, but not competitor analysis, which is more related to business strategy.

Step-by-step explanation:

An analysis of the economic segment of the external environment would typically include a variety of factors that indicate how the economy might affect a business's performance. These factors include government policies and regulations, which encompass fiscal, monetary, and regulatory decisions that affect the economy; market demand and supply, which are influenced by shifts in demand and supply curves for goods and services; and technological advancements, considering how changes in technology can shift production and influence competitiveness.

However, a competitor analysis falls outside the scope of a purely economic analysis, as it mainly revolves around business strategy and market positioning rather than macroeconomic factors. Instead, competitor analysis is part of the market or industry analysis.

User Mostafazh
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