Assalamualaikum..
This
week we learn about factors in a company’s broad macro-environment that may
have strategic significance. Every company operates in a broad
‘macro-enviroment’ that comprises six principal component. This is the
figure of the components of a company’s
macro-enviroment:
- Politic
- Economic
- Sociocultural
- Technological
- Enviromental
- Legal and regulatory
Besides
that, there is 5 Forces Model by Michael E. Porter
which contains of suppliers, buyers, potential new entrants, firms in order
industries offering substitute products and rivalry among competitors sellers.
In this model, we can evaluate by each of the segments in order to know the
competitive advantages from the external environment and to develop the strong
performance regarding on the evaluation.
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