Company is Starbucks  What changes taking place in the macroenvironment have an impact (specify either positive or negative) on the industry in which your company is based? Apply the PESTEL framework.  Apply the Five Forces model to your industry. What does this model tell you about the nature of competition in the industry? Identify any strategic groups that might exist in the industry.  How dynamic is the industry in which your company is based? What is the industry structure?

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Company is Starbucks 

What changes taking place in the macroenvironment have an impact (specify either positive or negative) on the industry in which your company is based? Apply the PESTEL framework. 

Apply the Five Forces model to your industry. What does this model tell you about the nature of competition in the industry?

Identify any strategic groups that might exist in the industry. 

How dynamic is the industry in which your company is based? What is the industry structure? 

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