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Competitive environment of the business

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Reference no: EM133539975

Analysis of any MacDonalds Restaurant in Columbus Ohio using the guidelines.

1. The cooperative environment that the venture operates within, including suppliers, workers, and others.

2. The competitive environment of the business, including whether there are opportunities to win new customers, drive competitors out of business, or join with competitors in a collaborative manner.

3. The state of the macro economy and how it affects the business

4. The social environment the business operates in, how it may affect business, and how the business can leverage the social factors for business success

5. The political environment that the business is functioning within. Is it favorable, unfavorable, or neutral? What can the business do to improve things?

Reference no: EM133539975

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