response to comment below.

xerna na y5Is- ap er v Yanxiao He posted Jul 18, 2022 6:05 PM r Subscribe The external environment in which a company operates can significantly affect the way a company operates and bring about changes that can lead to many external environmental factors. Thanks to their technology, Pixar is one of the top creators of animated films and has long remained very competitive in the market. However, Pixar's strategy may be influenced by several components of the external environment. Careful analysis revealed external environmental factors such as technological progress, competition, social changes, and legislative changes that could influence Pixar's strategy. Pixar's strategy may be influenced by potential social changes in audiences, including possible changes in audience preferences for animated films. Because of its dominance in the industry, Pixar could be significantly affected by shifting audience preferences. Significant changes affecting sales are not expected, but audience preferences for specific goods or services may change over time. Additionally, if Pixar needs to change its approach to filmmaking, changes to the animated film industry or new legislation could affect Pixar's approach. Technological advancements could potentially have an impact on Pixar, and it's not ready to accommodate them, as people may turn to animations that use the latest technology. Pixar's strategy could be influenced by formidable rivals in animation production. A strong competitor may introduce innovative concepts, causing a large number of customers to switch to the rival; therefore, Pixar needs to adjust its marketing strategy to attract more customers. In any company, it is crucial to consider the external environment. A company's operations are significantly affected by its work environment. Political changes such as social development, technological progress, and new laws are all examples of external environmental factors that can influence Pixar's strategy. Companies must consider these ecological elements to ensure Pixar remains a leader in animated filmmaking