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ECONOMIC
FORCES
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SOCIAL
CULTURA
FACTO
L DEMOGR
R
FACTOR
APHICS
NATURAL
ENVIRONMENT
POLITICAL,
GOVERNMENTAL,
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AND LEGAL FORCES
POLITICAL,
GOVERNMENTAL,
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AND LEGAL FORCES
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TECHNOLOG
ICAL
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FORCES
TECHNOLOG
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FORCES
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✓ Politics – Political campaigns using online platforms.
✓Banking – Visa sends texts messages alerts after unusual transaction.
✓ Emergency Alerts – National Disaster Risk Reduction Management Council
(NDRRMC) Emergency Alerts.
COMPETI
TIVE
1. Retaining tight control over operating management
FORCES
which allowed it to price below its competitor.
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2. Having the flexibility to cater to the tastes of its local
consumer.
COMPETI
TIVE
FORCES
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COMPETITIVE
INTELLIGENCE
PROGRAM
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PORTERS FIVEFORCES MODEL
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External Factor
Evaluation
(EFE) Matrix
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Quiz Bee
- Are things outside a business that will
have an impact on its success
- One of the key economic forces. It is
the standard measure of the value
added created through the production
of goods and services.
- Refers to the population, 15 years old
and over who contribute to the
production of goods and services.
-A rise in prices, which results in the
deadline of purchasing power over
time.
-Also known as the geological
environment.
-An important part of an external audit
is identifying rival firms and
determining their strengths, weaknesses,
capabilities etc.
- Are the characteristics of a population
that have been categorize by distinct
criteria.
- Is a systematic and ethical process for
gathering and analyzing information.
-Are defined as law- related issues and
proceedings that the owner of a
business include federal regulations,
state laws and customs imposed norms.
-referring to the way of life of a
particular person.