STR: 581: Ch 3: Evaluating a Company's External Environment 108 Questions with 100% Correct Answers | Verified | Latest Update

All companies operate in a broad _______-environment that is made up of six components, including political factors and technical factors. - ️️macro What acronym serves as a reminder of the components of a company's macro-environment? - ️️PESTEL Strategically relevant factors have a bearing on the ______ direction of any given company. - ️️long-term Which of the following are strategically relevant macro-environment factors affecting cigarette producers? - ️️1. cultural stigma 2. cigarette taxes 3. antismoking ordinances Which of the following is an example of a sociocultural force that affects companies? - ️️the trend towards healthier lifestyles Which of the following components form part of a company's macro-environment? - ️️1. sociocultural forces 2. legal/regulatory conditions 3. political factors Which of the following concepts are analytic tools for assessing a company's industry and competitive environment? - ️️1. strategic group mapping 2. driving forces