Technological advancements: E-commerce, mobile payments, augmented realit
Company:A retail clothing company operating in a competitive market.
Key Drivers:
Economic conditions: Recession, economic growth, inflation
Scenario 1: Digital Disruption
Key drivers: Rapid technological advancements, increasing online shopping adoption, changing consumer preferences.
Implications: Increased competition from online retailers, need for strong e-commerce presence, potential decline in foot traffic to physical stores.
Scenario 2: Economic Downturn
Key drivers: Economic recession, decreased Phone Number consumer spending, increased price sensitivity.
Implications: Reduced sales, pressure on margins, need for cost-cutting measures.
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Scenario 3: Sustainable Fashion Trend
Key drivers: Growing consumer awareness of sustainability, demand for ethically sourced and eco-friendly products.
Implications: Opportunity to differentiate the company by focusing on sustainable practices, potential increase in costs associated with sustainable materials and production.
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