Question
General environment analysis considers dimensions in the broader society that influence an industry and the firms within it. Please discuss the following macro-environmental factors in
General environment analysis considers dimensions in the broader society that influence an industry and the firms within it. Please discuss the following macro-environmental factors in the context of COVID-19 crisis situation. Below are some examples of things you could discuss about in the context of the impact of COVID-19 environment on businesses. Feel free to choose one or address many of these.
Political consequences of the Coronavirus outbreak (e.g., foreign trade policy, tax policy etc.)
Demographic consequences of the Coronavirus outbreak (e.g., relocation due to pandemic)
Economic consequences of the Coronavirus outbreak (e.g., poor market performance, lack of workers, How the global economy will contract or expand, which countries can be leading or trailing right after the crisis? )
Sociocultural consequences of the Coronavirus outbreak (e.g., panic buying, travel fear, remote work, How will societies evolve and shift during and after the crisis?)
Technological consequences of the Coronavirus outbreak (e.g., advances in virology-the study of viruses, drive thru testing centers, a robot barista)
Environmental consequences of the Coronavirus outbreak (e.g., sustainability and renewable energies, the plastic pandemic)
Legal consequences of the Coronavirus outbreak (e.g., what are the potential changes in employment, consumer protection,
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