Question: 6. There are 3 components to the external environment: general environment, industry analysis, competitor analysis. True or False? 7. Give a company example where the

6. There are 3 components to the external environment: general environment, industry analysis, competitor analysis.

True or False?

7. Give a company example where the general environment global forces would be especially important in strategic planning. Support your choice. 1-2 sentences.

8. An example of a sociocultural shift might be the decline in unemployment rates.

True or False

9.An example of how politcal/legal variables would impact corporate strategy for McDonalds might be the banning of plastic straws being used by restaurants.

True or False

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