Discuss opportunities and threats (INDUSTRY) and give examples for companies: • Sociocultural factors: • Economic factors: • Technology factors: •...

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General Management

Discuss opportunities and threats (INDUSTRY) and give examplesfor companies:
• Sociocultural factors:
• Economic factors:
• Technology factors:
• Environmental factors:
• Political factors:
• Legal and regulatory factors:

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Factors Opportunities Threats Sociocultural factors Certain religious practices and programs could help people to do get together and that will help to build strong relationship among each other Such could be beneficial for organization and foster many benefits like build helping culture within the workplace bring more commitment towards the tasks etc Certain traditions feeling of people could improve satisfaction level within the people People find happiness so it generates higher commitment level to perform organizational tasks Discrimination issues may come people can be discriminated based on religion race their localities etc it will hamper organizational work so that can be See Answer

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