When it comes to economic statistics, when economists and governments calculate economic growth, or economic recession, total national income is just estimate.
Posts published in “EXTERNAL ENVIRONMENT”
Although business ethics is not always enforced by law, it has a vital role to play in business decision-making.
Similar to economic decisions and political decisions, the legal issues also have a huge impact upon the regulation of markets, businesses and customers.
The politics and regulations of businesses have tremendous influence on firms, customers and competitiveness on the market.
Pressure groups are organizations created by people with a common interest, who join together to put pressure in order to change something.
Governments use different kinds of measures to limit the negative effects of business activity on the natural environment.
Natural environment brings both opportunities and threats to businesses.
This article introduces The STEEPLE Analysis – Economic Opportunities and Threats: Inflation, Employment, Economic Growth and International Trade Balance.
Technology means the practical application of scientific knowledge into the aims of human in order to change the human environment.
The society has a huge influence upon businesses and markets, especially on business strategy and change management.
The STEEPLE Analysis provides businesses and managers with an overview of the factors specific to the external environment only.
The SWOT Analysis is a simple effective business decision-making tool to assess the internal and external business environment.
Inevitable changes in the internal and external business environments bring both threats and opportunities to businesses.