Whether evaluating a new investment, forecasting future performance, or strategizing for long-term growth, organizations must grapple with inherent uncertainties.
Posts published in “EXTERNAL ENVIRONMENT”
Game Theory models mathematically strategic interactions between competitors, useful for analyzing pricing strategies, market entry, etc.
While meticulous planning and strategic thinking are crucial, the reality is that unforeseen challenges are inevitable when operating a business.
This article explores some of the key service providers firms commonly utilize, highlighting their importance and the evolving trends in outsourcing.
We live in an interconnected global business environment, a complex web of relationships, technologies, and economic forces that transcends national boundaries.
When it comes to economic statistics, when economists and governments calculate economic growth, or economic recession, total national income is just estimate.
Although business ethics is not always enforced by law, it has a vital role to play in business decision-making.
Similar to economic decisions and political decisions, the legal issues also have a huge impact upon the regulation of markets, businesses and customers.
The politics and regulations of businesses have tremendous influence on firms, customers and competitiveness on the market.
Pressure groups are organizations created by people with a common interest, who join together to put pressure in order to change something.
Governments use different kinds of measures to limit the negative effects of business activity on the natural environment.
Natural environment brings both opportunities and threats to businesses.
This article introduces The STEEPLE Analysis – Economic Opportunities and Threats: Inflation, Employment, Economic Growth and International Trade Balance.
Technology means the practical application of scientific knowledge into the aims of human in order to change the human environment.
The society has a huge influence upon businesses and markets, especially on business strategy and change management.