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Macro Environment Toyota
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how the macro environment impacts upon industries
1. Introduction
To answer this question, I will use Toyota as an example of an automotible industry within South Africa. An industry can be defined as a group of companies that satisfies a specific customer need.
2. Economic forces
Since economic forces can change the health of the economy, they also have a direct impact on the broader industrial competitive environment. The four most important of these forces are:
• the growth ra...
Approximate word count: 949
Approximate pages: 4 (250 words per
double-spaced page) |
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