Respuesta :
Answer:
A) Social factor will work for Prince Sports as people are more enlightened not in 21st century
Economic will work for Prince Sports 21st century because manufacturing of sport facilities and equipments are easily produced and better now, infrastructure and development will help improve Prince Sports returns. Technological will work for Prince Sports because technology is simply an improved ways of doing things and with innovation in technology, Prince Sports would be able to solved the contradiction between racquet speed and sweet spot.
Competitive will work for Prince Sports this is because with an increased competition in the of tennis sporting goods companies, Prince Sports would be force to make their brand stand out by rebranding and doing more research on their products improvement.
Regulatory Because of the regulatory forces, the Prince Sports business is governed and everything follows rules and regulations, it has helped Prince Sport to abide by the international regulation laws and prevent the local market of tennis racquets to suffer due to the trade regulations on products.
B) Worked against:
Social: At this age of Social media, people easily give of false information deliberately or unintentionally that tends to misleads customers, which works against Prince Sports.
Competition can make prince sports dwindle of they do not opt their own business
Explanation:
The answer to the given questions regarding the tennis industry would be as follows:
Trends in Tennis Industry
a). The trends in environmental forces that have worked for Prince Sports would be:
- Socially, people have the opportunity to be more involved.
- Economically, the production for the items of sports(Racquets and other items) and the infrastructures have become more convenient and easily available.
- Technologically and competitively, everything has advanced with time and therefore, the challenges have increased significantly.
- In terms of regulations, Prince Sports follows the laws and regulations given internationally and avoids any inadequacy or problems in the tennis market.
b). The trends that have worked against them would be as follows:
Socially, the spread of social media may result in the spread of rumors and incorrect information which may affect its image.
Competition has increased so much that sports have turned more into a business and as a result, lost their essence.
Learn more about "Environment" here:
brainly.com/question/1007250
