QUESTION $3-$ The Management Environment

$(25$ Marks$)$

"The organisation is an open system and thus is dependent on the environment in which it operates and interacts with its environment so as to survive."

Analyse the THREE $(3)$ different environments of the management environment and the elements in each. Refer to the case study and give examples of how the elements of the market environment could be an opportunity or a threat to McDonalds.