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4. (b) The macro-environment contains several conditions and factors that systematically present opportunities or pose threats to organizations in their effort to gain competitive advantage. The factors in the macro-environment for the purpose of effective analysis are grouped using the PEST model, which represents political, economic, socio-cultural, and technological factors. Understanding these factors will influence the kind of strategies business organizations would formulate.
Required:
State and explain FIVE (5) economic factors which determine the nature of opportunities or threats that organizations may face.
Find Related Questions by Tags, levels, etc.
Find Related Questions by Tags, levels, etc.
4. (b) The macro-environment contains several conditions and factors that systematically present opportunities or pose threats to organizations in their effort to gain competitive advantage. The factors in the macro-environment for the purpose of effective analysis are grouped using the PEST model, which represents political, economic, socio-cultural, and technological factors. Understanding these factors will influence the kind of strategies business organizations would formulate.
Required:
State and explain FIVE (5) economic factors which determine the nature of opportunities or threats that organizations may face.
Find Related Questions by Tags, levels, etc.
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