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FrigoGlass

Words: 607 Length: 2 Pages Document Type: Essay Paper #: 18676958

There are several elements to the general external environment. The three to focus are technological, economic, and legal-political (Hitt, Ireland, & Hoskisson, 2013). Regarding legal-political, because Frigoglass operates in Western Europe, and the Brexit saga continues, there may be problems with the ability of Frigoglass to employ people if they have any offices in England. Brexit means that England will be removed from the European Union and from the traveling freedoms and work opportunities that being part of the European Union affords. Without that extra backing, some even say the British economy may decline. This however, is uncertain, but it could play a role in how Frigoglass does in Western Europe, especially in England.
Regarding the economic factor, the United States just gained a new president in Donald Trump. The economy has not fully recovered and his introduction of a new tax system may place a big burden on the…… [Read More]

References

Hitt, M. A., Ireland, R. D., & Hoskisson, R. E. (2013). Strategic management: Competitiveness & globalization. Mason, OH: South-Western Cengage Learning.

Huggins, R., & Izushi, H. (2012). Competition, Competitive Advantage, and Clusters: The Ideas of Michael Porter. OUP Oxford.