Question

6. 2. What are the most important forces in the macroenvi- ronment facing companies today?

Answer 1

2)The most important forces in the macro environment facing companies today are:

a)Political environment : Due to change the earlier government the policy of the new government changes like taxation, tariffs and adoption of new methodology etc.

b)Technological environment:Due to upgradation of technology the currently using technology become outdated,

c)Currency and interest rate: Change in currency and interest rate also affect the working of the companies

4)what kind of changes do companies make in response to environmental uncertainty

a)Adapting with environmental: Due to uncertainty the companies are already in prepared position to adapt any changes occurred in the environmental. They make separate provision for these changes.By immediate adapt  with environmental company save the cost.

b)Adapting the new technology: The company makes changes to accept the arrival of technology in the current market situation

c)Diversification: The company is diversifying the business in various sectors in order to reduce the risk and survive with change in environment.factors