MGMT468 Foundations and strategy & external environment

MGMT468
Foundations and strategy & external environment
As we all know changes in the general environment can lead to changes in the potential returns for different industries. From the perspective of most industries outside pharmaceuticals (such as dining, education, manufacturing, entertainment, etc.) the development of a safe and effective Covid19 vaccine is a change in their "technological" general environment. Explicitly and thoroughly using the material from the chapters and videos, post a thread answering these questions:
1. What sort of changes might that technological development trigger in other segments of the general environment (political/legal, sociocultural, demographic, etc.)?
2. Then pick an industry that you think might be impacted by those changes and use the Five Forces to explore specifically how they might be affected.

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Solution: MGMT468 Foundations and strategy & external environment