MNM3709 2025 ASSIGNMENT 2 SEM 2 2025 MNM3709 2025
DISCLAIMER
THE DOCUMENT PRESENTED IS A DEMOSTRATION ON HOW STUDENTS CAN
APPROACH THE ASSIGNMENT FOR MNM3709. IT IS BASED ON PRESCRIBED MATERIAL
AND EXTERNAL RESEARCH. THE DOCUMENT CONTAINS BOTH SHORT NOTES AND A
RESPONSE EXAMPLE FOR EACH QUESTION. STUDENTS ARE THEREFORE ADVISED NOT
TO COPY AND PASTE BUT USE THE DOCUMENT AS A RESEARCH GUIDE THAT WOULD
HELP THEM DRAFT THEIR OWN FINAL COPIES.
, MNM3709 2025 ASSIGNMENT 2 SEM 2 2025 MNM3709 2025
QUESTION 1 Critically evaluate three technological elements that could impact Township
Luxury's business operations in 2025 and beyond. Your answer should include:
• a theoretical discussion of the definition of technological elements in the environmental
analysis (3 marks),
• provide three practical examples of technological elements (3 marks),
• showcase potential implications of examples on Township Luxury’s business (3 marks); and
• explain how the technological examples could shape Township Luxury’s future strategies
(3 marks).
Technological Elements Impacting Township Luxury in 2025 and Beyond
In the dynamic business environment of 2025 and beyond, understanding technological
advancements is crucial for firms aiming to remain competitive. Township Luxury, a business
providing premium goods and services within township markets, must monitor technological
developments that could influence operations, customer engagement, and overall strategy. This
essay critically evaluates three technological elements that may impact Township Luxury,
exploring their implications and potential strategic influence.0717513144
Technological Elements in Environmental Analysis
The external environment comprises forces existing outside an organisation that are largely
uncontrollable (Andaleeb & Hasan, 2017; Wiid, Cant & Dilotsotlhe, 2024). Businesses must
monitor these forces to anticipate changes and plan strategically. The technological environment
is a subdivision of the external environment, characterised by continuous innovation and rapid
change. It includes advancements in digital infrastructure, automation, artificial intelligence, and
online platforms, all of which can reshape how firms operate, compete, and deliver value. While
organisations cannot control these technological forces, they can strategically respond to leverage
opportunities and mitigate threats (Abadi, 2018; Toman, 2011).
Technological Elements, Implications, and Strategic Impact
DISCLAIMER
THE DOCUMENT PRESENTED IS A DEMOSTRATION ON HOW STUDENTS CAN
APPROACH THE ASSIGNMENT FOR MNM3709. IT IS BASED ON PRESCRIBED MATERIAL
AND EXTERNAL RESEARCH. THE DOCUMENT CONTAINS BOTH SHORT NOTES AND A
RESPONSE EXAMPLE FOR EACH QUESTION. STUDENTS ARE THEREFORE ADVISED NOT
TO COPY AND PASTE BUT USE THE DOCUMENT AS A RESEARCH GUIDE THAT WOULD
HELP THEM DRAFT THEIR OWN FINAL COPIES.
, MNM3709 2025 ASSIGNMENT 2 SEM 2 2025 MNM3709 2025
QUESTION 1 Critically evaluate three technological elements that could impact Township
Luxury's business operations in 2025 and beyond. Your answer should include:
• a theoretical discussion of the definition of technological elements in the environmental
analysis (3 marks),
• provide three practical examples of technological elements (3 marks),
• showcase potential implications of examples on Township Luxury’s business (3 marks); and
• explain how the technological examples could shape Township Luxury’s future strategies
(3 marks).
Technological Elements Impacting Township Luxury in 2025 and Beyond
In the dynamic business environment of 2025 and beyond, understanding technological
advancements is crucial for firms aiming to remain competitive. Township Luxury, a business
providing premium goods and services within township markets, must monitor technological
developments that could influence operations, customer engagement, and overall strategy. This
essay critically evaluates three technological elements that may impact Township Luxury,
exploring their implications and potential strategic influence.0717513144
Technological Elements in Environmental Analysis
The external environment comprises forces existing outside an organisation that are largely
uncontrollable (Andaleeb & Hasan, 2017; Wiid, Cant & Dilotsotlhe, 2024). Businesses must
monitor these forces to anticipate changes and plan strategically. The technological environment
is a subdivision of the external environment, characterised by continuous innovation and rapid
change. It includes advancements in digital infrastructure, automation, artificial intelligence, and
online platforms, all of which can reshape how firms operate, compete, and deliver value. While
organisations cannot control these technological forces, they can strategically respond to leverage
opportunities and mitigate threats (Abadi, 2018; Toman, 2011).
Technological Elements, Implications, and Strategic Impact
