Choose An Industry You Have Not Yet Written About

Choose the two (2) segments of the general environment that would rank highest in their influence on the corporation you chose. Assess how these segments affect the corporation you chose and the industry in which it operates. (The segments are – demographic, political/legal, sociocultural, technological, global, and physical environment)The two segments that of the general environment that rank highest in the influence of Johnson & Johnson are social cultural and the physical environment. Johnson and Johnson are faced with a social situation of an ageing population. The baby boom generation is now beginning to enter old age. This means Johnson and Johnson will in the near future be faced with huge demand to service the needs of this generation in their most medically demanding years. In Addition Johnson and Johnson faces a phenomenon of lifestyle diseases such as diabetes, obesity, mental disorders and cancers. The effect of this is that Johnson and Johnson has to invest heavily in research to address these issues CITATION Joh162 \l 7177 (Johnson and Johnson, 2016). Johnson and Johnson have recognised the significance of environmental friendliness to sustainability. With long-term sustainability in mind Johnson and Johnson on their 125th anniversary announced an ambitious five-year