Briefly describe two important changes in the remote environment of U.S. business in each of the following areas Economic Social Political Technological Ecological

a. Economic Economic factors concern the nature and direction of the economy in which a firm operates. Because consumption patterns are affected by the relative affluence of various market segments, each firm must consider economic trends in the segments that affect its industry. On both the national and international level, managers must consider the general availability of credit, inflation rates, and trends in the growth of the gross national product are other economic factors they should monitor (Pearce & Robinson 2009). b. Social One of the most profound social changes in recent years has been the entry of large members...