Consider industry characteristics which influence the level of competitiveness and impact performance results among Krispy Kreme

Question

jonny [76]

2 years ago

11

Consider industry characteristics which influence the level of competitiveness and impact performance results among Krispy Kreme

and its rivals. What elements in the external environment present long-term risks for the company?

Spanish

1 answer:

a_sh-v [17] · Answer 1 · 2022-06-30T12:42:53+03:00

Answer:

There are three types of external risk factors: Economic risk, natural risk and political risk, they come up due to economic events that arise from outside the corporate structure.

Explanation:

Economic risk: includes changes in the market conditions

Natural Risk: includes natural disasters that affects natural business operations e.g.: earthquakes for example may affect the ability of a retail business to remain open leading to a sharp decline on overall sales for the month.

Political risk: Changes in the political environment or governmental policy that relate to financial affairs. For example: increases in interest rates, changes in export or import laws, taxes increase among others.