can you give feedback on this statement: There is many of ways to evaluate the environment and trends of business, for example swot analysis is a great way to evaluate the trends that a business uses in order to make the company better. Swot analysis tells us what the company's strengths, weaknesses, opportunities and threats within the industry in which that company is in. Another way to asses the environmental trends is pestel analysis which covers the analysis of Political, Economic, Social, Technology, Environmental, and Legal analysis. Which covers the economic trends that surround the business industries that play a major factor in what the business does to move forward. Usually companies have to study things like social which is finding the different ways or trends that could help them reach people in a way that helps them understand trends of people. Using technology in order to be more efficient when buying technology that helps the business industries evolve for example when a fast food restaurant buys robotic assembly to help the outflow of food, or automated ordering which keeps down the mistakes that humans make everyday. There is many examples of business models that help these businesses and the people understand their economic moves and trends