Answer to Question #228602 in Macroeconomics for Fortune

Question #228602
Four factors in the Macro environment and explain how these external forces can influence Volkswagen in any way
1
Expert's answer
2021-08-25T17:06:22-0400

 Economic factors- lack of finances to expand the business will affect the companies performance.

Technological factors-it will help the company to make vehicles that are of quality and modern ones.

Natural and physical forces-like floods, fires and earthquake destroy properties thereby affecting the companies business.

Social and cultural forces - this factor affects the market of goods and services.it will then help the company make automobiles that are compatible to peoples preferences.


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