MNM3709 Assignment 3 2025 Due 10 September 2025

MNM3709 Assignment 1 2025
DUE 10 SEPTEMBER 2025

QUESTION 1

Critically evaluate three technological elements that could impact Township Luxury’s
business operations in 2025 and beyond. Your answer should include:
A theoretical discussion of the definition of technological elements in the environmental
analysis (3 marks),

Provide three practical examples of technological elements (3 marks),
Showcase potential implications of examples on Township Luxury’s business (3
marks); and explain how the technological examples could shape Township
Luxury’s future strategies

Technological elements in macro-environmental (PESTLE) analysis are external
developments in tools, processes, platforms and know-how that change how firms
produce, distribute, market and interact with customers. They include digital platforms
(e-commerce, social commerce), production technologies (automation, on-demand
manufacturing), analytics and AI, payment & logistics tech, and communication
innovations. Technological elements are important because they create opportunities