Which factor of the business environment would the company be involved in by considering this dramatic change to their manufacturing process?

Principles of Management
OER 2019th Edition
ISBN:9780998625768
Author:OpenStax
Publisher:OpenStax
Chapter8: Strategic Analysis: Understanding A Firm’s Competitive Environment
Section: Chapter Questions
Problem 3CRQ: Describe a firms macro environment and how managers use PESTEL to understand it.
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23
个
Yes, in fact, we have considered a new
brewing technique that uses machines
almost exclusively to make the product.
The up-front cost of buying these
machines is very high, but this option is
most certainly on the table.
Vice
President,
Teresa
Which factor of the business environment would the
company be involved in by considering this dramatic
change to their manufacturing process?
Sociocultural
Legal
Competitive
Technology
Submit
Response required before submitting
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Transcribed Image Text:%24 23 个 Yes, in fact, we have considered a new brewing technique that uses machines almost exclusively to make the product. The up-front cost of buying these machines is very high, but this option is most certainly on the table. Vice President, Teresa Which factor of the business environment would the company be involved in by considering this dramatic change to their manufacturing process? Sociocultural Legal Competitive Technology Submit Response required before submitting esc ->
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