1. Based on your knowledge of strategy formation, how do the economic 561 concepts in this course affect strategic planning? 2….


1. Based on your knowledge of strategy formation, how do the economic 561 concepts in this course affect strategic planning? 2. A business’s strategic choices are limited by economic conditions. Using the Big Drive Autos scenario, 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.

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