Directions: Sources must be cited in APA format. Your responseshould be a minimum of (1) single-spaced page to a maximum of (2)pages in length; refer to the Assignment Format page for specificformat requirements.Timber King is a new Midwest company in the portable saw millindustry. You have been asked to give Edward Perry Timber Kingsnew CEO general advice and guidelines to assist him in doing anexternal analysis of the portable saw mill industry.Part A: Explain three benefits of conducting an externalanalysis.Part B: Educate Mr. Perry on some of the challenges of conductingan external analysis.Part C: Explain the two perspectives on the environment.Part D: Explain the primary responsibility of Mr. Perrys managersin conducting external analysis.