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Key drivers in the macro enviroment that would affect strategic management and decision making in the organization.
Step by step
Solved in 2 steps
- Explain how strengths and weaknes interreleate with external macro factors?the impact of various EXTERNAL/MACRO Factors (PESTEL)What would be the objectives of the following companies & organizations with regards to their interrelationship with society? A) Bank of the Philippine Islands B) Philippine Department of Labor and Employment C) Shoe Mart D) Rotary Club of Manila E) University of the Philippines
- What is macroenvironment?What major trends discussed at the end of this chapter are different from previous external environments?Using the PESEL framework, analyse the macro environment experienced by an organisation and from this analysis how it can be used to identity opportunities for growth, and threats to an organisation
- What are Key Realizations and relevance about inter-organizational culture as a part of tourism or hospitality industry. Provide a scenario or content.Market Structures: Why is it necessary for business firms to have knowledge on the Market Structures? In what ways will this knowledge be of help to business firms? Why is it advantageous to business firms?Describe a firms macro environment and how managers use PESTEL to understand it.