Macro external environment of webaware Ltd pty using this examples. Competitors,suppliers,legal and political and technology

1 answer

Competitors:
- Increase in competition from other web development and marketing companies in the industry
- New entrants offering similar services and products
- Competitors offering lower pricing or differentiated services

Suppliers:
- Access to reliable and cost-effective suppliers for hardware, software, and other technology-related components
- Dependence on third-party suppliers for web hosting, domain registration, and other technical services
- Availability of skilled website designers and developers

Legal and political:
- Compliance with data protection and privacy laws such as GDPR and CCPA
- Intellectual property issues related to website content and designs
- Changes in government regulations and policies affecting the internet and technology industry

Technology:
- Rapid advancements in web development and design technologies
- Changing consumer preferences and expectations in terms of website design and functionality
- Increasing reliance on mobile and responsive web design for optimal user experience
- Emerging technologies such as artificial intelligence, virtual reality, and blockchain that may impact web development and marketing strategies.