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Question

Address each of the following thoroughly (short / skimpy answers will result in point deduction).

Using University of Tennessee Martin as an example, explain how the following forces have affected

its operations over the past 5-10 years:

1. Political-Legal 2.Social 3. Technological 4.Economic

2.Give an example of how the internet has presented an opportunity for a particular industry. Likewise,

give an example of how the internet has presented a threat for a particular industry.

3.Explain how changes in interest rates, inflation rates, and exchange rates affect a global

manufacturing firm.

4.How does environmental scanning benefit managers and what are some major problems associated

with environmental scanning?

Note: Need to answer the questions in 100 words each

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