Case 1 Wild Water Park - Case 1 Wild Water Gets Soaked...

Info icon This preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Case 1: Wild Water Gets Soaked Macro-environment is simply the major external and uncontrollable factors that would influence an organization’s decision making, and affect its performance and strategic plans. In Wild Water case, many elements can be taken under consideration. One of these elements is, Laws & Politics. A government can affect business opportunities to many organizations by tax laws and economic policies. Another element is the potential disasters, which are clearly uncontrollable. A hurricane can simply destroy the whole site attractions in the Wild Water Park. Economy is another factor. If economy in the area of jersey shore or the whole country gets struck really bad, then the business is also vulnerable to the consequences. These elements, along with Demographics and social and Nature Values, give simple ideas on external uncontrollable factors, macro-environment. Competitive-environment in business is simply factors that affect the decision making of an organization due to competition in the same market from another organization. As for the case of Wild Water Park, Rivalry is one of the major elements that will affect the decision making.
Image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern