$1\mathrm{.}1$ Smith & Sons $($SS$)$ is a small business that provides accounting services to a variety of customers. $($SS$)$ is new to the industry and is thinking of doing a formal environmental analysis.

Which of the following describes SS$\text{'}$s motivation for doing an external environmental analysis?

$1.$ Allows SS to assess its competitors

$2.$ Enables SS to identify its resources

$3.$ Allows SS to gain a deeper understanding of its market

$4.$ Enables SS to understand its industry

$5.$ Helps SS to meet its stakeholder needs

A$1$ & $2$

B$1,3,4$ & $5$

C$3$ & $4$

D$3,4$ & $5$

E$1,3$&$4$