a) The Political environment b) TheEconomicenvironment c) The Socio-economic environment d) TheTechnologyenvironment e) The legal/regulatory environment

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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Organizations formulate and implement policies and strategies that are shaped by the forces within the external and internal business environment. University of Professional Studies, Accra (UPSA) is one organization that has initiated a number of policies over that past decade. This include the establishment of the Centre for International Education and Collaboration (CIEC), the Law faculty, development of MPhil programmes in Finance and Marketing, development of Open Distant learning programs among others.
You are required to analyse how the following factors/forces within the remote external environment could have influenced these policies that were formulated and implemented by UPSA.
a) The Political environment
b) TheEconomicenvironment
c) The Socio-economic environment
d) TheTechnologyenvironment
e) The legal/regulatory environment

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