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    critical remote environmental factors

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    1. Explain how one of the critical remote environmental factors (economic, social, political, technological, or ecological) is impacting your company today. Use a specific example including the financial impact.
    (I work for Sanford Health [sanfordhealth.org] Hospital.)

    2. Pick one of the Operating Environment factors (competitors, creditors, customers, labor, or suppliers) and discuss how you would monitor and evaluate trends for an effective "early warning" system for your strategic planning (Stryker Corporation). Include sample data for illustration.

    3. Explain the changes in the remote environment that you believe will have the greatest impact on US business in the next five years?

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    https://brainmass.com/business/e-commerce/critical-remote-environmental-factors-184186

    Solution Preview

    1. Explain how one of the critical remote environmental factors (economic, social, political, technological, or ecological) is impacting your company today. Use a specific example including the financial impact.
    (I work for Sanford Health [sanfordhealth.org] Hospital.)

    One of the remote environmental factors that can have a major impact on healthcare companies like a hospital is technological changes. As we all know that technology is making rapid advancement in today's world, thanks to billions of dollars of R&D spending by healthcare technology firms on development of innovative and novel healthcare products and upgradation/improvement of existing products, it becomes a strong necessity for hospital to keep themselves abreast of latest developments in the healthcare technology field, as well as implement such new innovations at their premises. For example, they need to constantly upgrade their diagnostic laboratories and radiology departments with latest equipment. If they will not keep pace of developments, they will deprive their patients from the benefits of new advancements in ...

    Solution Summary

    Explain how one of the critical remote environmental factors (economic, social, political, technological, or ecological) is impacting your company today. Use a specific example including the financial impact.

    $2.19

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