What macro force and industry are you focusing on


Assignment

Part I

So far, you've explored the following macro forces:

o Economic
o Demographic
o Sociocultural
o Technological

Using the internet, search for trends in one of these macro forces. Focus on trends that are relevant to your company's industry. "Your company" can be the company for which you're currently working, one you've worked for in the past, or one you'd like to work for in the future.

Answer the following questions:

o What macro force and industry are you focusing on?
o What trend(s) did you discover? Share where you found the information and what you find most interesting about the trend.
o How might your company take advantage of this trend?

Part II

You've explored the following macro forces:

o Economic
o Demographic
o Sociocultural
o Technological
o Natural
o Political/Legal

While it's important to monitor these forces, for the purposes of this discussion, assume you can only select one to monitor for the next two quarters-the one you think will have the biggest impact on your business in the near term.

o Which would you choose?

o Why do you think this force will have the biggest impact on your business within the next two quarters?

o How would you go about monitoring this force (i.e., what information sources would you use) and tracking the insights that you collect as part of your environmental-scanning process?

Format your assignment according to the give formatting requirements:

• The answer must be using Times New Roman font (size 12), double spaced, typed, with one-inch margins on all sides.

• The response also includes a cover page containing the student's name, the title of the assignment, the course title, and the date. The cover page is not included in the required page length.

• Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.

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Marketing Management: What macro force and industry are you focusing on
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