What are the macroeconomic conditions affecting the IT industry? Select "yes" for those statements that are accurate and choose "no" for those that are not A. From a political perspective, Ricoh should be aware of regulations from ITAC (Information Technology Association of Canada) who is actively promoting and supporting the expansion of the IT services industry in Canada as this move will likely impact Ricoh in many ways.
B. From an economic perspective, Canada enjoys a strong economy with a strong GDP growth.
C. Low oil prices are causing turmoil in business investment in western Canada, leading to a negative impact for the economic component of the macro-environment
D. A weak Canadian dollar makes the cost of importing more expensive.
E. From a social-cultural perspective, Ricoh is a strong brand name because of the strong privacy policies it has in place.
F. Consumers have become more selective and better informed about their purchases. This macro- environmental force strongly impacts this industry.
G. The IT industry will be impacted by a trend toward digital workplaces that are connected by services over the Internet instead of physical documents.
H. Ricoh will need to contend with more flexible core technology platforms that allow for integration for third- party applications.
I. The Federal government is taking a stronger stance on climate change and imposing environmental levies on products for equipment recycling.
J. Antispam legislation has not reached Canada and hence will not directly impact Ricoh at this time.
K. PIPEDA (Personal Information Protection and Electronic Documents Act) has imposed very strict regulations on the use of personal information by organizations engaged in private sector commercial activity. This regulation impacts Ricoh from a legal perspective.