Global Business Environment
Analyze the current industrial environment your chosen industry segment to include an analysis of the following:Economic aspects of the industry and/or changes that impact your industryPolitical/legal are there political issues or changes in legal requirements for this industry? Any policy issues or changes at federal, state and/or local levels?Technology- how does changing technology impact this industry such as use of tools, communications or the internet? Any technological changes that can either positively or negatively impact your chosen industry?Competitors- who are the major competitors in this industry, and how do they compete (onprice/volume/product/service terms/salespeople etc. Are competitors more aggressive or are competitors reduced in numbers due to business failures?Global explain how the global business environment has affected this industry.