Discuss the Elements of the External Operating Environment, Including the Industry

question 26

Essay

Discuss the elements of the external operating environment, including the industry environment, the national environment, and macro-environment.

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Definitions:

Danger

The possibility of harm, injury, loss, or any other negative outcome that is posed by a situation or activity.

Modify

To make changes or adjustments, often to an agreement or strategy, in response to new information or changing circumstances.

Ideology

A set of beliefs and principles that underlie a specific economic or political theory and policy.

International Negotiations

The process of negotiating across national boundaries, involving parties from different countries with varying cultural contexts.