Purchase Solution

Changes in remote environment for US businesses.

Not what you're looking for?

Ask Custom Question

Briefly describe two important changes in the remote environment of U.S. business in each of the following areas:

Economic

Social

Political

Technological

Ecological

Purchase this Solution
Solution Summary

Within the past several years, important changes for US businesses have taken place in the areas of Economic, Social,
Political, Technological, Ecological. Read on for a brief discussion of those changes.

Solution Preview

Economic

1) The downturn of the housing market. The housing market, including housing related industries such as mortgage, home owner's insurance, etc...took a big plunge over the last 2 years. As a result, customers stopped buying homes, which for the most part became unaffordable, creating a low demand on the market for homes. Because of the overall change in the housing market, banks and mortgagors developed different measures/criteria for lending money to home buyers by doing things such as lowering interest rates. Due to the lower interest rates, individuals are more likely able to have more disposable income to spend on buying homes.

2) The collapse of Wall Street. Due to an industry that went unregulated for many years, Wall Street companies engaged in lucrative expenses and lifestyles ...

Solution provided by:
Carmel Philistin, MBA/HCM
Education
  • BA, Brooklyn College
  • MBA/HCM, Phoenix University
Recent Feedback
  • "Thank you!"
  • "Thank you!"
  • "Thank you!"
  • "Thank you!"
  • "Thank you!!"
Purchase this Solution
Free BrainMass Quizzes
Marketing Management Philosophies Quiz

A test on how well a student understands the basic assumptions of marketers on buyers that will form a basis of their marketing strategies.

Academic Reading and Writing: Critical Thinking

Importance of Critical Thinking

Employee Orientation

Test your knowledge of employee orientation with this fun and informative quiz. This quiz is meant for beginner and advanced students as well as professionals already working in the HR field.

Accounting: Statement of Cash flows

This quiz tests your knowledge of the components of the statements of cash flows and the methods used to determine cash flows.

Organizational Leadership Quiz

This quiz prepares a person to do well when it comes to studying organizational leadership in their studies.

View More Free Quizzes
Related BrainMass Solutions

  • Remote Environment Analysis

    Explain the changes in the remote environment that you believe will have the greatest impact on US business in the next five years. 1.

  • forces or trends from the remote or industry environment

    One of the forces in the remote environment for Walgreen are technological changes. Technology has a major impact on the way businesses operate today and is considered one of the critical success factors in today's competitive business environment.

  • Strategic Analysis of Siemens' external Environment

    Let us take analysis of each of these environment for Siemens one by one as well as look at the major changes that will impact each of these environment in the next 10 years: 1) Remote environment: As we know, the remote environment of any company

  • Recent Change in U.S. Business

    Some examples of changes in the remote environment of U.S. business in the ecological area include: pollution & global warming.

  • critical remote environmental factors

    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? 1.

  • Remote environment and Hewlett Packard

    173491 Explain the changes in the remote environment that you believe will have the greatest impact on US business, in particular, Hewlett Packard, in the next five years.

  • Categories of Resources

    Explain how the PESTLE Model can assist us in reviewing the remote environment aspects. QUESTION THREE What is the relationship between a firm's customers and its business-level strategy in terms of who, what, and how?

  • Environmental Analysis - Vanity Fair

    All Business units face a changing remote environment & the PESTLE model is a useful model for understanding these changes. This model is an aid to thinking, not a rigid template to be applied mechanistically to all businesses.

  • Environmental Analysis of Southwest Airlines

    External Environment with three components > the remote environment > the industry environment > the operating environment Describe several major changes that are expected to have a major impact on the remote, industry

View More Related Solutions