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In business analysis, PEST analysis (political, economic, social and technological) is a framework of external macro-environmental factors used in strategic management and market research. PEST analysis was developed in 1967 by Francis Aguilar as an environmental scanning framework for businesses to understand the external conditions and ...
Though, the global environmental analysis describes the macro environment of a company. [1] A company is influenced by its environment. Many environmental factors, especially economical or social factors, play a big role in a company's decisions, because the analysis and the monitoring of those factors reveal chances and risks for the company's ...
The technological environment is perhaps one of the fastest changing factors in the macro-environment. This includes all developments from antibiotics and surgery to automobiles and credit cards. As these markets develop it can create new markets and new uses for products.
Further, species selection [2] suggests that selection among species is a major evolutionary factor that is independent from and complementary to selection among organisms. Accordingly, the level of selection has become the conceptual basis of a third definition, which defines macroevolution as evolution through selection among interspecific ...
The term "technological evolution" captures explanations of technological change that draw on mechanisms from evolutionary biology. Evolutionary biology was originally described in On the Origin of Species by Charles Darwin. In the style of this catchphrase, technological evolution can be used to describe the origin of new technologies.
An environmental factor, ecological factor or eco factor is any factor, abiotic or biotic, that influences living organisms. [1] Abiotic factors include ambient temperature , amount of sunlight , air, soil, water and pH of the water soil in which an organism lives.
Macro-time (or the chronosystem) focuses on the shifting expectancies in wider culture. This functions both within and across generations and affects proximal processes across the lifespan. [8] Thus, the bioecological model highlights the importance of understanding a person's development within environmental systems.
This glossary of biology terms is a list of definitions of fundamental terms and concepts used in biology, the study of life and of living organisms.It is intended as introductory material for novices; for more specific and technical definitions from sub-disciplines and related fields, see Glossary of cell biology, Glossary of genetics, Glossary of evolutionary biology, Glossary of ecology ...