how to respond to this in 100 words? Today’s technology dictates how we operate in our daily lives. The world is basically technology driven and is heavily influenced by the economy. There are four macro environmental forces that are broken down into the analysis of political, economic, social, and technological factors. In order to be effective, firms should understand the external effects of the environmental forces and how to successfully implement and develop these strategies within the organization. Firms' operation in multiple, distinct geographical markets may be affected in different manners by external forces in each market. The environmental concerns are different depending on the regions of the world. However, larger organizations have a tendency to influence change within the macro environmental. For example, Walmart and Target are rivalry retailers and strategic managers within the firms must be able to identify and analyze how the forces may or may not affect the industry known as opportunity and threats. There are Federal Government Regulations mandated for businesses depending on the industry, while other regulations depend on the demand of the industry. Government regulations can have a major impact on how industries may operate. Technology has changed the way we travel because now everyone is using the Global Positioning System (GPS) to navigate to and from various destinations, which is a safe haven for traveling. The internet has been known to have related privacy issues and is known as a common place for hacking, and we have to be mindful as consumers to protect our personal information. For today’s society of social media and the internet, many companies are not successful when it comes to the protection of viruses and the threat of hackers. The internet is used as an information highway by both, private and public users. The internet serves as a reference guide for a wide range of possibilities based on the various needs of the user. Because various threats exist in the computer intelligence world, companies are constantly upgrading their security platforms to protect their vital company data from intrusion. The computer is increasingly insinuated into more areas of our lives.
how to respond to this in 100 words?
Today’s technology dictates how we operate in our daily lives. The world is basically technology driven and is heavily influenced by the economy. There are four macro environmental forces that are broken down into the analysis of political, economic, social, and technological factors. In order to be effective, firms should understand the external effects of the environmental forces and how to successfully implement and develop these strategies within the organization. Firms' operation in multiple, distinct geographical markets may be affected in different manners by external forces in each market. The environmental concerns are different depending on the regions of the world. However, larger organizations have a tendency to influence change within the macro environmental. For example, Walmart and Target are rivalry retailers and strategic managers within the firms must be able to identify and analyze how the forces may or may not affect the industry known as opportunity and threats. There are Federal Government Regulations mandated for businesses depending on the industry, while other regulations depend on the demand of the industry. Government regulations can have a major impact on how industries may operate.
Technology has changed the way we travel because now everyone is using the Global Positioning System (GPS) to navigate to and from various destinations, which is a safe haven for traveling. The internet has been known to have related privacy issues and is known as a common place for hacking, and we have to be mindful as consumers to protect our personal information. For today’s society of social media and the internet, many companies are not successful when it comes to the protection of viruses and the threat of hackers.
The internet is used as an information highway by both, private and public users. The internet serves as a reference guide for a wide range of possibilities based on the various needs of the user. Because various threats exist in the computer intelligence world, companies are constantly upgrading their security platforms to protect their vital company data from intrusion. The computer is increasingly insinuated into more areas of our lives.
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