ADM 4311 Lecture Notes - Lecture 2: Export Development Canada, Pest Analysis, Liquor Control Board Of Ontario

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Macro envi = the major external and uncontrollable factors that in uence an organization"s decision making, and a ect its performance and strategies. These factors include the economic factors; demographics; legal, political, and social conditions; technological changes; and natural forces. Pestel framework can be used to identify how future issues in the political, economic, social, techno- logical, ecological and legal environments might a ect organisation. These ve forces together constitute an industry"s structure" (see figure 2. 4), which is typically fairly stable. blue oceans are new market spaces where competition is minimized. > political, economic, social, technological, ecological, legal: political. Some grocery stores can sell alcohol) (october 17, 2018 canada will change) Political risk insurance crown corporation: export development. > launched in 1995, the index evaluates countries in four broad policy areas that a ect economic freedom: rule of law; government size; regulatory e ciency; and open markets.

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