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1 – A business’s strategic choices are limited by
economic conditions. Read the Big Drive Auto Scenario. Research
macroeconomic data that correspond to industry data as reported by
the Bureau of Economic Analysis. Perform an environmental analysis
based on elasticities, a mix of fixed and variable costs, current
market structure, pricing decisions, current economy as reflected
in key economic indicators, the current credit market, and the
global economy. What is one opportunity for Big Drive Auto that
requires a business management decision?
#2 – A business’s strategic choices are limited by economic
conditions. Using the Kudler Fine Foods Virtual Organization,
perform an environmental analysis based on elasticities, a mix of
fixed and variable costs, current market structure, pricing
decisions, current economy as reflected in key economic indicators,
the current credit market, and the global economy. What is one
opportunity for Kudler Fine Foods that requires a business
management decision?
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