The Legal and Regulatory Environment

“Examining Australia's Updated Regulations for ICOs and Crypto

Trading”

 It says on the article that the Australian Securities and Investment Commission

(ASIC) are updating the guidelines that is aiming to help cryptocurrency-related
business.
 By updating its ICO regulatory provisions, the ASIC is setting the stage for more
robust and comprehensive governance of Australia’s cryptocurrency landscape.
It also provides greater clarity to established rules that govern crypto-related
businesses in the country.
 The ASIC’s revampled ICO and cryptocurrency trading framework does not,
however, cover guidelines for other regulators like the country’s tax agency and
consumer protection group.
Source: https://ca.finance.yahoo.com/news/examining-australias-updated-
regulations-icos-151800219.html

The Economic Environment / The Technological Environment

“Nova Scotia incentives spur solar sector expansion”
 This is connected with the economic environment since it the article is about
putting up solar panels means saving more electrical energy.
 This is connected with the technological environment since solar panels are other
types of technology.
 Solar energy feeds only a small portion of the overall energy market in Nova
Scotia, but in just a few years, incentives for solar installations have kickstarted a
collection of small businesses offering solar energy services, with new
opportunities for existing companies.
 Due to high demand, the price for solar panels was shorten
Source: https://atlanticbusinessmagazine.net/nova-scotia-incentives-spur-
solar-sector-expansion/
 The Social Environment / The Global Business Environment
“What will it take to cut XinJiang cotton from apparel supply
chains?’’
 This article is connected with the social environment because it is mentioned
here that thousands of Muslim Uyghurs and other ethnic and religious
minority groups was transferred to XinJiang by the government.
 This is connected with the global business environment since China is a
major sourcing hub for cotton farming, yarn spinning, textile and fabric
manufacturing, and garment cut-and-sew which are exported from all around
the world.
 This article also shows sense of diversification
 It also says here that since China is the 20% of the world’s cotton supplier,
they may introduce forced labour for the global supply chains.
 The forced labour can be avoided if multiple factors work together.
 The negative impacts of forced labour on a country’s economy are
manifold: lack of investment in human capital, lower state
revenues, productivity costs, and depletion of natural resources. To
communities and society as a whole, forced labour is a drag on devel-
opment.
Source: https://www.just-style.com/analysis/what-will-it-take-to-cut-
xinjiang-cotton-from-apparel-supply-chains_id140676.aspx

The Competitive Environment / Technological Environment

“Is an $800 purifier best to clean your home's air? Marketplace tested
5 top brands and their claims”

 This news article shows a competitive environment since they are

comparing 5 top brands of air purifier with data.
 This can be also be one of the Technological environment since an Air
purifier is considered a technology not only to purify the air but it also
states here that it can help cleaning out the coronavirus particles which
can affect us.
 They compare the 5 top brands by using a bar graph.
 The “Blue Air Blue Pure 211” performed the best among the other brands.
  It also shows here that they are comparing the price and the quality of
each brand.
 In this way, it can help the customers in choosing the best brand.
Source: https://www.cbc.ca/news/business/portable-air-purifier-tests-
marketplace-1.5900782