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Keeping in mind the process of stakeholder impact analysis, how was Sony Corp.able to transform threats into opportunities?
Social Reality
The sum of social constructs, beliefs, traditions, and practices accepted by a group of people as the context of their everyday life.
Creating Social Reality
The process through which media and communication practices construct and shape the perception of social norms and realities.
Internalizing Norms
The process by which individuals adopt the norms and values of their society as their own, guiding their behaviors and decisions.
Dot-Com Companies
Businesses that operate primarily on the internet, often associated with the boom and bust of the late 1990s and early 2000s.
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Q128: Briefly discuss the PESTEL framework.