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Technological?- rate of technological change

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Reference no: EM133152021

Research on-line all 8 segments of the General External Environment which can influence businesses and detail findings in your post.

Detail both the actual situation and emerging trends; Some may know some impacts from watching the news so use them!

Do not define each segement as I have done that already. The objective is to list data and information for the various definitions provided.

Demographic?- composition of marketplace, expected changes, population changes, income distribution, age structure, etc.

Economic?- standard of living, inflation, interest rates, energy prices, growth rate (GDP), threat of recession, job market, etc.

Political and Legal?- laws, regulations, trade agreements, possible new regulations, outside group pressure on politicians (lobbyists)

Social and Cultural?- social beliefs, values, customs, cultural groups, labor force participation rate,

Technological?- rate of technological change, availability of technology, the impact of automation on workers and profits

Global?- developing markets, global competition, cultures in other countries, unstable governments, war, terrorists

Sustainable Physical?- what are the potential and actual changes in the physical environment, ecological, social, and economic systems and business practices (CSR)

EXAMPLE: Global - the pandemic has affected economies worldwide; the global supply chain is currently broken; add more!

Reference no: EM133152021

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