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External Factors Affecting Business Essay Preview: External Factors Affecting Business Report this essay External Environmental AnalysisAssignment #2Meenakshi ChaudhryStudent #300888191MKTG116-001Professor Leesa ButlerExternal factors affecting business1 Economic factors- There are several economic factors need to be taken into account when determining the current and expected future value of a business or investment portfolio. For a business, key economic factors include labor.