Bifalgorithm post · IntroductionToBusiness OP 8D04gAa · 2026-10-07-36573 · Preparing for Tomorrow's Workplace Skills
How can teams project the effects of external-environment changes on a business?
How can teams project the effects of external-environment changes on a business? (IntroductionToBusiness OP 8D04gAa · 2026-10-07-36573 · Preparing for Tomorrow…
Ideas in this flowchart
- Team activity: analyze Boeing’s external business environment
- Form seven teams, with each team assigned to one environmental sector
- Economic environment
- Political/legal environment
- Demographic environment
- Social environment
- Competitive environment
- Global environment
- Technological environment
- Company under analysis: Boeing
- Report changes in each sector and their effects on the firm over the next five years
- Use the library, the internet, and other data sources to make projections
- Each team member examines at least one data source
- Pool the collected data and prepare the team’s response
- A spokesperson from each team presents the findings to the class
