1. As outlined in Figure 4.1, the business environment consists of seven segments. The challenge for you being professional accounting and strategic analysts is to determine what the changes that have been identified in the characteristics of each segment or business environmental forces that imply for the future strategic competitiveness of the firm.

2. Being professional accountant and strategist by keeping in view Porters Five Forces Model What is your vantage points - which strategies should be followed by telecommunication firms as they attempt to manage or influence the political & legal segments in following manners.

2. How can firms in the Saudi telecommunication industry manage the costs of deregulation, including write-offs of inefficient plants? Who will pay these cost? Consumers? Governmental? Stockholders? Bondholders?

5. How can individual telecommunication firm manage the effects of free trade that will lower entry barriers for new, lower-cost competitors? How might that firm position themselves to take advantage of emerging, free-market economies?

5. What is likely to be the competitive impact of loosening governmental controls in the telecommunication industry? What strategies can firms use to manage or influence deregulation to their advantage?

Important Note: Your answer must be based on logical reasoning/rational and reflects your critical and analytical thinking.

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Figure 4.1 The business environment The business environment Industry competitors Technical Technological The Customers Political organization Suppliers Social Economic Figure 4.1 The business environment The business environment Industry competitors Technical Technological The Customers Political organization Suppliers Social Economic