Hoffman $(1989)$ believes that a management education program should have three elements:

a$.$ Behavioral: People skills, motivation, team building, communication, and delegation

b$.$ Cognitive: Production, marketing, finance, and control

c$.$ Environmental: Markets, competition, customers, political, social, and economi$-$

cal environment in which the organization operates

The importance of the first two elements should be self$-$evident. Explain why the third element, environmental, is important.