· Government, legal framework, economic climate, world events, pressure groups, consumer's tastes, change in population, competition, social factors, environmental factors.
There are many different factors that affect business policy. These different factors range from shareholders to the dividend policy of a certain business.
Some internal factors that impact the business environment include competitors and business resources. External factors that affect the business environment barriers to entry and government regulations.
1.Demographic factors like the population composition,size and location does affect the business environment. 2.Political interventions and environment one way or the other largely affects the business environment. 3.The Legal environment also affects the business environment. 4. Economic factors like, Inflation, interest rate on loans, exchange rate systems.
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how environmental factors affect in business
Various factors can affect the globalization of a business. For example, cultural factors may affect how viable a product is in a certain location.
Many factors can affect a legal system but religion is the most common.
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poor planing
· Government, legal framework, economic climate, world events, pressure groups, consumer's tastes, change in population, competition, social factors, environmental factors.
There are many different factors that affect business policy. These different factors range from shareholders to the dividend policy of a certain business.
Andrew Broadbent
what are the micro environmental factors that affect business environment?
Various factors can affect if someone chooses to use a business or not. For example, the location and the price.
There are a great many ways in which technology factors affect businesses. These factors affect how efficient a business is with money for example.
Some internal factors that impact the business environment include competitors and business resources. External factors that affect the business environment barriers to entry and government regulations.