Exercise Chapter 4: Applying the Concept :The External Environment Identify which external environmental factor is referred to in each statement. A. Customers B. Competition C. Suppliers D. Labor force E. Shareholders F. Society G. Technology H. The economy I. Governments 7. "The owners of the company will get to vote on its being acquired or staying independent." 8. "Are you going to close that sale to Costco?" 9. If we don't get a four percent raise, the Teamsters union will go on strike at our company." 10. "Animal activist groups pressured the Ringling Brothers circus to the point that it stopped having elephant acts in 2018." 11. "KFC bought some bad chickens in China, and sales declined." 12. "Our company was going to be sold to Sprint, but the government said that would be in violation of antitrust laws." 13. Tesla is working on software for its cars to be self- driven." 14. "LinkedIn and other social media websites took some of the traffic flow away from Facebook." 15. Since the recession ended, we have had an increase in sales, but revenues are still not above pre-recession levels