Business strategy

Question 1: Managers have to constantly assess the developments and changes that occur in all six components of the macro-environment: demographic, sociocultural, political/legal, technological, economic, and global. Identify and describe one current environmental change of strategic relevance in any of the six general environment components.

Question 2: Please refer to the Industrial Classification Benchmark and select one specific sector (any supersector, sector, or subsector) that may be impacted by the environmental change you selected for Question 1. Does your identified environmental change represent an opportunity or a threat for your specific sector? Why? (please focus only on a threat or an opportunity for the purposes of this assignment, not both).

https://en.wikipedia.org/wiki/Industry_Classification_Benchmark

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