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Describe the seven external factors that affect marketing and business
There are many internal and external factors that affect child development. One internal factor is the genetic makeup of the child.
There are many external and environmental factors that affect marketing. Some of these include economy, government, supply lines, and consumer trends.
External factors are factors beyond your control that could significantly affect your ability to achieve your goals and objectives. ...
Mostly competitor external prices affect pricing.
nothing can affect a computer
-compititors -suppliers
External factors affect Marks and Spencer in terms of the buying power of customer. The marketing strategies of the company must also adapt to the external factors such as political, economic, technological, legal and environmental factors for the brand to continually thrive in a given location.
The external environmental factors that affect the financial services industry include organizational direction, internal factors, and external competition. The socio-economics of a society also affects the financial services industry.
Market environment consist of all factors that in one way or another affect or affected by the organization desicion.there are external and internal factors. Internal factor , these involve (5M's)ManagementManpowermachinematerial andmoney.External factors , these includeMacro factor and micro factors.Macro factors are the one that affect the organization indirectly, these are (pestel)Politicalenviromentsocia-culturaltechnological andEcologicalleagalwhile micro factors are those which affect the organization directly it involvecustomerscompetitorssuppliers andpublic
The five basic factors that affect the success of a nation-state include Corruption, freedom, democracy, frugality and peace
Segmentation Analysis