SECTION C: CASE STUDY

Read the following case study and answer the questions that follow:

Abel Electronics Corporation

Abel Electronics Corporation operates in the consumer electronics industry, which is heavily influenced by various macro$-$environmental factors.

Economic conditions such as GDP growth, inflation rates, and unemployment levels affect consumer purchasing power. During periods of economic downturn, consumers may cut back on discretionary spending, impacting sales of electronic goods.

Rapid technological advancements drive innovation and product development in the electronics industry. Companies must continually invest in research and development to stay competitive and meet evolving consumer demands for newer, faster, and more advanced products. Compliance with regulations such as product safety standards, environmental regulations, and intellectual property laws is essential for electronics companies. Failure to adhere to these regulations can result in legal consequences and damage to the company's reputation.

Changing consumer preferences, lifestyles, and trends influence product demand and market dynamics. For example, the growing trend towards sustainability has led to increased demand for eco$-$friendly electronic products.

Environmental concerns regarding electronic waste disposal and carbon emissions are becoming increasingly important for consumers and regulators alike. Companies are under pressure to adopt sustainable practices throughout their supply chain and product lifecycle.