Explore BrainMass
Share

Explore BrainMass

    Business Policy and Strategy Making

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    Please see the attached file.

    © BrainMass Inc. brainmass.com October 10, 2019, 5:40 am ad1c9bdddf
    https://brainmass.com/business/bcg-matrix/business-policy-strategy-making-513779

    Attachments

    Solution Preview

    Key External Factors
    Economic
    Economic factors are those such as disposable income of consumers, economic downturns and workforce availability.
    The economic environment poses challenges and opportunities for Coca Cola. When there is economic downturn or recession, consumers become more frugal with their expenditures. Since products sold by the company are not necessities, many people forgo spending on beverages and choose water instead. In recession, there is a negative wave in the organization which creates pressure on the organization to prepare for the future. It means cutting the workforce by laying -off. Hence sentiments of employees change as they fear job loss.
    Social, cultural, demographic and natural environment
    The beliefs, values, attitudes, opinions, and lifestyle of people are all social factors which can affect the firm. These social factors change over time, thus ...

    Solution Summary

    The solution discusses business policy and strategy making.

    $2.19