RETAIL INDUSTRY . External Analysis. Complete an external environment analysis (1-Economic, 2- Social Values, Cultural, & Demographics.)...

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General Management

RETAIL INDUSTRY .
External Analysis. Complete an external environment analysis(1-Economic, 2- Social Values, Cultural, & Demographics.) Youmust (1) identify TWO relevant and most-pressing trends for eachsegment and (2) evaluate the potential impact of those trends onthe firm’s future strategy.

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Ans Retail industry is definitely influenced by economic environment A flourishing and healthy economy will have more disposable income with the people and hence more purchasing power This would translate into more sale for the retail industry On the other hand in a sluggish economy there will be less of disposable income with consumers and hence less sales and profit margins for the retailers Now a days we see that retail industry See Answer

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RETAIL INDUSTRY . External Analysis. Complete an external environment analysis (1-Economic, 2- Social Values, Cultural, & Demographics.)...

70.2K

Verified Solution

Question

General Management

RETAIL INDUSTRY .
External Analysis. Complete an external environment analysis(1-Economic, 2- Social Values, Cultural, & Demographics.) Youmust (1) identify TWO relevant and most-pressing trends for eachsegment and (2) evaluate the potential impact of those trends onthe firm’s future strategy.

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RETAIL INDUSTRY . External Analysis. Complete an external environment analysis (1-Economic, 2- Social Values, Cultural, & Demographics.)...

70.2K

Verified Solution

Question

General Management

RETAIL INDUSTRY .External Analysis. Complete an external environment analysis(1-Economic, 2- Social Values, Cultural, & Demographics.) Youmust (1) identify TWO relevant and most-pressing trends for eachsegment and (2) evaluate the potential impact of those trends onthe firm’s future strategy.

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RETAIL INDUSTRY .
External Analysis. Complete an external environment analysis(1-Economic, 2- Social Values, Cultural, & Demographics.) Youmust (1) identify TWO relevant and most-pressing trends for eachsegment and (2) evaluate the potential impact of those trends onthe firm’s future strategy.