Industry Trends and Meta-trends
Emerging patterns in the wholesale distribution industry, including sustainability, environmental impacts, and the growth of international suppliers.
Implications
Industry trends refer to specific patterns or changes within a particular industry, such as the adoption of new technologies or shifts in consumer behavior, while meta-trends are broader, long-term changes that affect multiple industries and have wider economic, social, or technological implications.
Example
Example: A technology company tracks industry trends such as the rise of artificial intelligence in software development, while also considering meta-trends like digital transformation across all sectors, to inform its strategic planning.
Related Terms
Different from micro-trends, which are smaller, short-term shifts within a niche, meta-trends are overarching changes that influence multiple industries over a longer period, often requiring a more strategic, long-term response.
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