Answered Essay: As an individual, you will analyze five (5) trends you see as impacting today's society and which

As an individual, you will analyze five (5) trends you see as impacting today’s society and which impact the opportunity or business concept you want to explore. These trends should cover areas such as environmental, political, social, economic, micro- and macro-level factors. The focus should not solely be on technology trends or industrial issues. Take a broad look at the external environment. You will in one paragraph each describe what the trend is, evidence for the trend, opportunities the trend supports, and threats the trend creates. If there is also a counter-trend you should identify it.

To do this assignment you need to first, identify the trend, second, what do you consider this trend (opportunity, threat, or both for different industry), finally, what is the industry or industries that would be affected by this trend.

Brief example, the percentage of working women is increasing (social trend), this is creating opportunity for many businesses. E.g. Day care, restaurants, fashion industry, food industry

The trends paper should be no more than three pages in length. Footnote citations to evidence are appropriate and suggested.

Expert Answer

Below are the five trends that are impacting today’s society –

1. Environmental – Using wastewater for energy production and waste products for recycling and reuse. This trend is not only conserving the environment and natural resources but also creating business opportunities for waste management and recycling companies.

Waste products and water are used as combustible elements which reduces the usage of fuel from natural resources thus reducing costs and conserving resources.

2. Political – Increase in protectionism in United States and call for employing native Americans in the firms in US by the president Trump is impacting the inflow of skilled resources from other countries which contributed to the economy of US.

This is resulting in increasing costs for businesses as they need to pay high for native Americans for the same jobs that can be filled in with cheaper resources.

3. Social – Increasing acceptance of diversity in the workplace in various countries due to globalization and communication through various channels, deploying skilled resources by firms etc.

The impact of this trend on business is very positive as it helps the businesses in expanding globally.

4. Economic – The top economic trends include lower interest rates and increase in cross currency exchange investments leading to strengthening of currencies of other countries.

The impact of this trend on the business is encouraging as the currency in the respective country in which the firm operates increases.

5. Technological – The latest technological trends include smart mobility which is the increased use of mobile devices and wearable devices for commuication and work etc.

Work can be done from any place and increase of communication are the various business advantages that these technological trends bring in.

Buy Essay
Calculate your paper price
Pages (550 words)
Approximate price: -

Help Me Write My Essay - Reasons:

Best Online Essay Writing Service

We strive to give our customers the best online essay writing experience. We Make sure essays are submitted on time and all the instructions are followed.

Our Writers are Experienced and Professional

Our essay writing service is founded on professional writers who are on stand by to help you any time.

Free Revision Fo all Essays

Sometimes you may require our writers to add on a point to make your essay as customised as possible, we will give you unlimited times to do this. And we will do it for free.

Timely Essay(s)

We understand the frustrations that comes with late essays and our writers are extra careful to not violate this term. Our support team is always engauging our writers to help you have your essay ahead of time.

Customised Essays &100% Confidential

Our Online writing Service has zero torelance for plagiarised papers. We have plagiarism checking tool that generate plagiarism reports just to make sure you are satisfied.

24/7 Customer Support

Our agents are ready to help you around the clock. Please feel free to reach out and enquire about anything.

Try it now!

Calculate the price of your order

Total price:

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.


Let us write that nagging essay.


Submit Your Essay/Homework Instructions

By clicking on the "PLACE ORDER" button, tell us your requires. Be precise for an accurate customised essay. You may also upload any reading materials where applicable.


Pick A & Writer

Our ordering form will provide you with a list of writers and their feedbacks. At step 2, its time select a writer. Our online agents are on stand by to help you just in case.


Editing (OUR PART)

At this stage, our editor will go through your essay and make sure your writer did meet all the instructions.


Receive your Paper

After Editing, your paper will be sent to you via email.

× How can I help you?