It is worth noting that the potential opportunities for technological applications in a business are increasing almost daily.
Posts published in “BUSINESS ENVIRONMENT”
Technology is introduced to businesses mainly in the form of machinery and processes involving information technology (IT).
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.
As de-industrialization means the growing importance of the tertiary sector and the reduced importance of the secondary sector.
Industrialization describes the growing importance of the secondary-sector manufacturing industries and the reduced importance of primary sector.
The classification of business activity by sectors of the economy is not used to define a country as a developing or a developed nation.