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The Three Basic Characteristics of Changing External Environments The Three Basic Characteristics of Changing External Environments Laurie KrokosProfessor KerschnerBU240 – Management PrinciplesJanuary 21, 2015 Chapter 3 Review QuestionsThe three basic characteristics of changing external environments are:Environmental Change: This is the rate at which a company’s general and specific environments change. In stable environments, the rate of.