Take an industry familiar to you and analyse the key environmental changes taking

place. Then identify how top-performing companies are adjusting their strategies and
organisations to gain competitive advantage.

Answer

1. Demographic movement: Rising sea level is one of the leading environmental factors that
threaten the business as usual. Their marketing department has flexibility to follow the
destination market from North to south, in urban areas in rural areas, but the wide migration
of people in coastal cities is difficult to follow.

2. Food supplement: Agriculture and fishing depend on the specific climatic conditions
according to EPO. Warm sea water brings changes in the ocean ecosystems.

3. Inflation: The direct and indirect increase in food and indirect increase in food and freight
costs often follow the supply of supply and inflation to affect all aspects of the economy.

4. Uncertainty: The uncertainty that climate change will bring is one of the most convincing
ways the environment affects business. Businesses and industries that are unable or unwilling
to reduce greenhouse gas emissions to levels that significantly delay climate change, risk
uncertainties and uncertainties about the future.

5. Cost: Depending on the type of business you own, you may need to budget for equipment
upgrades or retrofits to make it cleaner and more environmentally friendly. World leaders
promise to keep the planet warm and reduce emissions accelerating climate change.

How top performing companies adjusting their strategy:

Most companies trace the origins of their formal planning systems to an annual budgeting
process that goes back to all financial matters. Procedures are developed to forecast revenue,
expense and capital needs and to specify the limits of the expense budget on an annual basis.
Information systems report on functional performance compared to budget targets.

However, the complexity of most large enterprises, the implicitly understood strategy of
Phase I, requires clearer documentation. A complex economic system involving the number
of products and markets offered, and the technical sophistication required, requires a single
manager.