Each of you need to find a current news article from a reputable, business-focused source (e.g.,…

Each of you need to find a current news article from a
reputable, business-focused source (e.g., Wall Street Journal,
Fortune, Kiplinger’s, or Forbes) that illustrates either a
political/governmental or
sociocultural external force and its impact on
your industry. In this blog, post the link to the article and your
analysis of what impact the specific force will have on your
industry within the upcoming year. Please do not repeat articles,
unless you are focusing on the impact in a different industry.
Choices:

Political or governmental forces can be at the local, regional,
national or international level. As we rely increasingly on global
markets and governments for success, we also need to consider our
relationships with these entities as well as their fiscal and
monetary policies and their overall stability.
Sociocultural forces are an important part of the external
environment and include not only the cultural norms and values of
our society, but also such demographic factors as age, marital
status, income, lifestyle, etc. It is important to monitor these
ever-changing forces and to adapt your strategy accordingly to
maintain your competitive advantage.

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