Questions (In-depth quality discussions in the first person are required, not simple answers). *SEE ATTACHED FILE FOR DETAILED INFORMATION* 1. What do we conclude after the general environment anal

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Questions (In-depth quality discussions in the first person are required, not simple answers).

*SEE ATTACHED FILE FOR DETAILED INFORMATION*

1.    What do we conclude after the general environment analysis?  Why do most driving forces have on-going nature instead of disruptive nature?

2.    What is the bottom line (BL) for a firm (hint: the first item in the income statement)? What does BL share in common with demand. What are your interpretations of the impact of the factors in the general environment on demand?

3.    Why dofactors’ impact onthe general environment for the firm BL?  Can you be a good manager if you do not know well the factors in the general environment ?

Questions (In-depth quality discussions in the first person are required, not simple answers). *SEE ATTACHED FILE FOR DETAILED INFORMATION* 1. What do we conclude after the general environment anal
Questions (In-depth quality discussions in the first person are required, not simple answers). Please copy the questions before providing your quality discussions: Weekly Discussions: What, Why How Topic 1. What do we conclude after the general environment analysis? First answer the question before providing any discussions and justifications. How many driving forces (DF) do we usually see in normal conditions? Hint: Conclude with driving forces. One or none for real driving force with disruptive in nature (restructuring or revolutionary to change the landscape and thus strategy of an industry). Definition of driving forces: force or factor that will cause the fundamental change or change of competitive landscape of an industry. What do we conclude after the general environment analysis? Why do most driving forces have on-going nature instead of disruptive nature? Topic 2. Bottom line of a firm: Sales = P * Q. What is the formula for demand? What cause(s) the demand curve to shift to the left or right (hint: how this relates to five factors of general environment?)? How will the demand influence the sales? What are the consequences to firms in the marketplace if the demand curve shifts? So what? In other words, what is the conclusion of your discussion? What is the relationship between demand and firm sales? The following formula will decide the quality of Topic 3. The key for Topic 2: significance of five factors of general environment => demand shift => (price x quantity) = sales (firm bottom line for survival). Please submit the revised discussions according to my guidelines in the email sent to you all Monday. Direction for Topic 2 of This Week’s Discussions Hint: As for the second topic, I twisted the question and it seems a little bit misleading, which is chaotic in nature on purpose to see if people can get the essence. Net profit is not what I care in this discussion, but the impact of the five factors of the general environment is. If you look carefully, you will find that sales share the same formula with the demand (Q x P). Thus, the discussions on Topic 2 needs to get focused on the significance and impact of the five factors on the business environment since all the firms are market takers. Therefore, if a business executive of all ranks need to notice the change of the five factors in the general environment, he is not a good manager because demand is the key for firm survival. Since sales has the same formula as demand, sales become the bottom line for firm survival. This comprehension will help the discussions on the third topic. You are encouraged to revise and resubmit the discussions on the last two topics for more credits. Please take out the discussions of the quantity demand along the demand curve with the impact on price and quantity but focus on the relationship of the factors in the general environment on the shift of the demand curve, thus increasing or decreasing the sales revenue. The discussions should be focused on the impact of those factors. You are encouraged to revise and resubmit the discussions on the last two topics for more credits. Please take out the discussions on net income of earnings but focus on the relationship of the factors in the general environment to the shift of the demand curve, thus increasing or decreasing the sales revenue. The discussions should be focused on the impact of those factors. You are encouraged to revise and resubmit the discussions on all the topics for more credits. Please take out the discussions of the net income or earnings but focus on the relationship of the factors in the general environment to the shift of the demand curve, thus increasing or decreasing the sales revenue. The discussions should be focused on the impact of those general external environmental factors. The shift of the demand curve to the right (external force that firms have no control) will result in more or less sales (internal operations). Please remember that firms are the takers of the general external environment because they can survive only if they can adapt to the changes of the general external environment) key point for Topic 3). What is the bottom line (BL) for a firm (hint: the first item in the income statement)? What does BL share in common with demand. What are your interpretations of the impact of the factors in the general environment on demand? Topic 3. General environment (Critical challenges in GE = DFs => disruptive or on-going) is for all the industries in a country, such as US general environment, while industry (critical challenges in Industry = key success factors = best practices/benchmarks) is for specific groups of firms producing similar products and competing for similar customers. Please make sure that you know that concept well and do NOT confuse the two in your discussions. Why dofactors’ impact onthe general environment for the firm BL? Can you be a good manager if you do not know well the factors in the general environment ? References: General environment: Six factors that influence business. Indeed Career Guide. (n.d.). Retrieved from https://www.indeed.com/career-advice/career-development/general-environment. Hayes, A. (2022, January 10). What is the law of demand? Investopedia. Retrieved from https://www.investopedia.com/terms/l/lawofdemand.asp.

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