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1 year ago

List the five elements of a firm's macroenvironment, and illustrate how each element affects the firm.

Business

1 answer:

mojhsa [17]1 year ago

4 0

The five elements of a firm's macroenvironment are given below.

1) Laws and Regulations Protect and Restrain Organizations

2) The Economy Affects Managers and Organizations

3) Technology is Changing Every Business Function

4) Demographics Describe Your Employees and Customers

5) Social Values Shape Attitudes Toward Your Company and Its Products

A firm's macroenvironment consists of elements that may impact the firm but are commonly beyond its direct manipulation. These elements are traits of the arena at large and are factors that all organizations must contend with, no matter the enterprise they may be in or the sort of enterprise they're in.

The most important uncontrollable, external forces (monetary, demographic, technological, natural, social and cultural, felony and political) have an impact on a company's decision-making and feature an impact upon its overall performance.

Macro-surroundings often indicate a circumstance affecting the general financial system, and it isn't affecting a selected segment of the marketplace. A macro surroundings condition will impact commercial enterprise selections. Spending, investing, and borrowing activities may be affected due to the presence of macro surroundings.

Learn more about the firm's macroenvironment here brainly.com/question/14836852

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Katen [24]

Answer:

inbound logistics.

Explanation:

Supply chain management can be defined as the effective and efficient management of the flow of goods and services as well as all of the production processes involved in the transformation of raw materials into finished products that meet the insatiable want and need of the consumers. Generally, the supply chain management involves all the activities associated with planning, execution and supply of finished goods and services to the consumers.

The fundamental principle of supply chain management is the complete collaboration between multiple firms. These multiple firms include a company that is saddled with the responsibility of manufacturing producer), a wholesaler, and a retailer who typically sells the products to the customers or consumers.

Basically, these three (3) firms or individuals are required to collaborate with each other so as to meet the needs of the customers in a timely manner or fashion and at a fair price too.

In this scenario, Dave creates and sells DVDs of his magic tricks.

Lately, Dave has been having some trouble getting his DVDs produced in a timely manner. Thus, of the five (5) primary activities in the value chain, this problem of not producing goods (DVDs) as at when needed by the viewers (end users) is most likely to occur in inbound logistics.

An inbound logistics can be defined as a supply process which relates with receiving, storing or warehousing of raw materials and the distribution of inventory internally.

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3 years ago

Which explains the increase in the price of an item from $10 in 1980 to over $25 today?

Vikentia [17]

Inflation.
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3 years ago

An import quota

Jlenok [28]

Answer:

The correct answer is letter "A": is a supply restriction limiting the quantity of a good that can be imported.

Explanation:

A quota for imports applies to set limits on the number of goods that can be imported into a country over time. Countries are using quotas to shield domestic companies. This limits the supply of those goods by imposing a top on foreign goods being imported, which keeps prices high so that domestic companies can still sell their goods at a fair price.

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3 years ago

In order for the gift market, a local specialty store, to purchase christmas merchandise for selling in its store, it had to bor

Lelu [443]

The one that fits here is liability. All the debts owed by a business are called liabilities. We can say that is a normal debt or obligations that arise during the course of its business operations. These ones are settled <span>over time through the transfer of economic benefits including money, goods or services.</span>

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3 years ago

At December 31, 2017 (the end of the fiscal year), Grouper Corporation owes $1,720,000 on a note payable due January 31, 2018. I

zubka84 [21]

Answer:

Nil or $0

Explanation:

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