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Wyeth Ayerst's external environment consists of three components: its remote, industry, and operating environment. In these three environments, there is a chance that one of its external environments may change. All of these environmental sectors affect the firm's operations both on an international and domestic level, and it is very possible for changes to occur. Change is an inevitable factor in the world of business. In fact, I have predicted that there will be several changes that will impact Wyeth's external environment. It is for this reason that I must create a set of long-term objectives for Wyeth Ayerst.
The remote environment is what originates beyond the daily operations of Wyeth. The Remote Environment is made up of five factors that are not influenced by a single firm. These factors are economic, social, political, technological, and ecological. Although these factors cannot be affected by Wyeth, they can definitely effect the operations of Wyeth. These must be all......
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Title: External Environment Analysis
Approximate Word Count: 958
Approximate Pages: 4 (250 words per double-spaced page)
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