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Macroenvironmental factors include the company,competition,and corporate partners.
Newly Industrialized
Describes countries that have moved from primarily agricultural to primarily manufacturing and industrial activities.
Human Capital
Human capital is the collective skills, knowledge, or other intangible assets of individuals that can be used to create economic value for the individuals, their employers, or their community.
Existing Technology
The current state of technological development and the tools and processes available for production.
Developing Countries
Countries characterized by their lower industrialization levels, decreased living standards, and a lesser Human Development Index in comparison to developed nations.
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