NRS 490 WEEK 2 CAPSTONE PROJECT TOPIC
SELECTION AND APPROVAL FINAL PAPER 2026
QUESTIONS WITH SOLUTIONS GRADED A+
◉ Political / Legal Environment. Answer: Laws, regulations, trade
policies, tax policies, labor laws, and government stability that affect
firm behavior.
◉ Economic Environment. Answer: Macroeconomic conditions such
as inflation, interest rates, unemployment, GDP growth, and
exchange rates.
◉ Demographic Environment. Answer: Characteristics of a
population including age, gender, income, education, ethnicity, and
population growth.
◉ Sociocultural Environment. Answer: Social values, beliefs,
attitudes, lifestyles, and cultural norms that influence consumer
behavior.
◉ Technological Environment. Answer: Rate of technological change,
innovation, automation, R&D, and new product/process
development.
, ◉ Physical (Natural) Environment. Answer: Natural resources,
climate change, environmental sustainability, and ecological
regulations.
◉ Global Environment. Answer: International markets, foreign
competitors, trade agreements, currency exchange rates, and
geopolitical conditions.
◉ Porter's Five Forces Model. Answer: A framework used to analyze
industry structure and profitability.
◉ Threat of New Entrants. Answer: The likelihood that new firms
can enter an industry and compete.
◉ Barriers to Entry. Answer: Economies of scale, capital
requirements, brand loyalty, switching costs, access to distribution,
government regulation.
◉ Threat of Rivalry. Answer: The intensity of competition among
existing firms.
◉ Threat of Substitutes. Answer: The availability of alternative
products that satisfy the same customer need in a different way.
SELECTION AND APPROVAL FINAL PAPER 2026
QUESTIONS WITH SOLUTIONS GRADED A+
◉ Political / Legal Environment. Answer: Laws, regulations, trade
policies, tax policies, labor laws, and government stability that affect
firm behavior.
◉ Economic Environment. Answer: Macroeconomic conditions such
as inflation, interest rates, unemployment, GDP growth, and
exchange rates.
◉ Demographic Environment. Answer: Characteristics of a
population including age, gender, income, education, ethnicity, and
population growth.
◉ Sociocultural Environment. Answer: Social values, beliefs,
attitudes, lifestyles, and cultural norms that influence consumer
behavior.
◉ Technological Environment. Answer: Rate of technological change,
innovation, automation, R&D, and new product/process
development.
, ◉ Physical (Natural) Environment. Answer: Natural resources,
climate change, environmental sustainability, and ecological
regulations.
◉ Global Environment. Answer: International markets, foreign
competitors, trade agreements, currency exchange rates, and
geopolitical conditions.
◉ Porter's Five Forces Model. Answer: A framework used to analyze
industry structure and profitability.
◉ Threat of New Entrants. Answer: The likelihood that new firms
can enter an industry and compete.
◉ Barriers to Entry. Answer: Economies of scale, capital
requirements, brand loyalty, switching costs, access to distribution,
government regulation.
◉ Threat of Rivalry. Answer: The intensity of competition among
existing firms.
◉ Threat of Substitutes. Answer: The availability of alternative
products that satisfy the same customer need in a different way.
