Question: Identify those external factors in the environment that will affect auto repair shop competing in the same business segment of interest to your industry. Choose

Identify those external factors in the environment that will affect auto repair shop competing in the same business segment of interest to your industry. Choose those that are relevant to your industry.

Technical- changes in technology creating obsolescence

Financial- product pricing and profit margin structure changes

Operational- changes in the supply chain between manufacturer and customer

Human Resource- employee base changes, type or skill sets

Regulatory- government regulations that change the competitive environment for products/companies

Legislative- government imposes new regulations that affect all competitors

Other- competitive environmental changes, customer needs affecting product profiles

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