The Astro News has experienced a decline in the number of subscriptions to its printed newspaper over the last 5 years. It seems people prefer news feeds sent directly to their smartphones than a printed paper delivered to their homes.  a) Which component in the external environment may have caused it? Write in detail (Please mention and highlight the name of that element in bold).    b) If you think it’s a demographical change, write down all the detail of its further elements for instance age, gender, family size etc. Also discuss what and how each of it has created a change in the environment. If no, suggest some other factor.

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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The Astro News has experienced a decline in the number of subscriptions to its printed newspaper over the last 5 years. It seems people prefer news feeds sent directly to their smartphones than a printed paper delivered to their homes. 

  1. a) Which component in the external environment may have caused it? Write in detail (Please mention and highlight the name of that element in bold). 

 

  1. b) If you think it’s a demographical change, write down all the detail of its further elements for instance age, gender, family size etc. Also discuss what and how each of it has created a change in the environment. If no, suggest some other factor.

 

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