Main Forces of Change in the Macro Environment (Essay Sample)
Main Forces of change in the Macro environment. The forces are to be explained and carefully researched on.
Main Forces of change in the Macro environment
By (Name)
Course
Institutional Affiliation
Instructors Name
Location
Date
The macro-environmental factors that affect the fashion industry include those that lie outside the fashion companies and their respective competitors. Such companies have to adapt to such factors that include technology, dynamic consumer behavior, economic performance, and government influence. As stipulated by Steeple in his framework, there can be respective forces of change that may drive the fashion industry to adapt to the macro environment.
The social factors in the framework would include the cultural changes among the potential consumers of fashion
Other Topics:
- The Economic and Business Prospects of Virtual Social Networks Description: Virtual social networks are social structures consisting of individuals who regularly interact through a particular form of social media, usually surpassing political and geographical boundaries (Lee 2014, p.1). The online social networks have revolutionized the way people communicate, interact and do...7 pages/≈1925 words| 10 Sources | Harvard | Business & Marketing | Essay |
- Espousing Celebrities as an Effective Marketing strategyDescription: Brand image is the perception that potential consumers have about a company. Building brand image is a crucial aspect of marketing to ensure an organization can stand out against competitors. Celebrity endorsement is one way of building a brand image. Celebrity endorsement is using a celebrity to promote the...6 pages/≈1650 words| 15 Sources | Harvard | Business & Marketing | Essay |
- Rent Control Policies in LondonDescription: The policy-making and political spheres in London have been recently marred by the issue of rent controls. The recent mayoral election in London was a battle for rent controls with the mayor Sadiq Khan initiating his re-election campaign against Boris Johnson on the pledge of pushing for a referendum...3 pages/≈825 words| 6 Sources | Harvard | Business & Marketing | Essay |