Discuss the key issues of the global environment. Give examples of each.
What will be an ideal response?
Answer: Student answers will vary, but should show an understanding of the following key aspects: the economic environment, which includes foreign investment, growth of developing nations, and rising wages in developing nations; the technological environment, which includes Internet and wireless technology; the legal/regulatory environment, which includes free trade agreements and anticorruption laws; demographics, which include the aging population in developed nations and growing populations worldwide, especially in the developing world; social issues, which include cultural differences and bribery concerns; and the natural environment, which includes the intensifying demand for resources, the growing desire for sustainable products and operations, endangered species, and climate change.
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The available capacity will be influenced by:
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Indicate whether the statement is true or false