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How might economic conditions affect the company

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Consider the five macro environmental (uncontrollable) forces in relation to your company and industry. Your research may not uncover all of these, but investigate the following categories:

Question 1: Social: What demographic shifts or cultural changes may affect this company and/or product?

Question 2: Economic: How might economic conditions (current or future) affect the company or product?

Question 3: Technological: Is it important to this product or industry? Include your findings for important technologies and especially new developments.

Question 4: Regulatory: Will new or proposed regulations potentially affect this company or product?

Question 5: Competitive: Consider barriers for new entrants, and the power of buyers or suppliers.

Reference no: EM132651579

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