How changes in external environment affect the om strategy

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Reference no: EM131255889

Identify how changes in the external environment affect the OM strategy for a company. For instance, discuss what impact the following external factors might have on OM strategy:

a) Major increases in oil prices.

b) Water- and air-quality legislation.

c) Fewer young prospective employees entering the labor market.

d) Inflation versus stable prices.

e) Legislation moving health insurance from a pretax benefit to taxable income.

Reference no: EM131255889

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