answersLogoWhite

0

Economy

  • GDP per capita
  • economic growth
  • unemployment]] rate
  • inflation]] rate
  • consumer and investor confidence
  • inventory levels
  • currency exchange rates
  • merchandise trade balance
  • financial and political health of trading partners
  • balance of payments
  • future trends
Government
  • political climate - amount of government activity
  • political stability and risk
  • government debt
  • budget deficit or surplus
  • corporate and personal tax rates
  • payroll taxes
  • import tariffs and quotas
  • export restrictions
  • restrictions on international financial flows
Legal
  • minimum wage laws
  • environmental protection laws
  • worker safety laws
  • union laws
  • copyright and patent laws
  • anti- monopoly laws
  • Sunday closing laws
  • municipal licences
  • laws that favour business investment
Technology
  • efficiency of infrastructure, including: roads, ports, airports, rolling stock, hospitals, education, healthcare, communication, etc.
  • industrial productivity
  • new manufacturing processes
  • new products and services of competitors
  • new products and services of supply chain partners
  • any new technology that could impact the company
  • cost and accessibility of electrical power
Ecology
  • ecological concerns that affect the firms production processes
  • ecological concerns that affect customers' buying habits
  • ecological concerns that affect customers' perception of the company or product
Socio-cultural
  • demographic factors such as:
    • population size and distribution
    • age distribution
    • education levels
    • income levels
    • ethnic origins
    • religious affiliations
  • attitudes towards:
    • materialism, capitalism, free enterprise
    • individualism, role of family, role of government, collectivism
    • role of church and religion
    • consumerism
    • environmentalism
    • importance of work, pride of accomplishment
  • cultural structures including:
    • diet and nutrition
    • housing conditions
Potential suppliers
  • Labour supply
    • quantity of labour available
    • quality of labour available
    • stability of labour supply
    • wage expectations
    • employee turn-over rate
    • strikes and labour relations
    • educational facilities
  • Material suppliers
    • quality, quantity, price, and stability of material inputs
    • delivery delays
    • proximity of bulky or heavy material inputs
    • level of competition among suppliers
  • Service providers
    • quantity, quality, price, and stability of service facilitators
    • special requirements
User Avatar

Wiki User

15y ago

What else can I help you with?

Related Questions

Impact of demographic environment factors on business?

When demographic environmental factors change, businesses have to adjust. They have to make sure that their products are meeting the needs of the new market.


What are the internal and external factors in business environment?

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.


What environmental factors might have the biggest impact on a restaurant?

There are many environmental factors that might have a big impact on a restaurant. Pollution of the air, water, or environment could have the biggest impacts.


What are the components of environmental science and how does the interdependence of organisms impact the environment?

What are the components of environmental scienceAn environmental impact is any change to the environment resulting from an organizations functional mission or activities Which of the following is an example of an environmental impact of an organizaWhat is the conclusion of interdependence among living organisms and the environmentWhich type of environmental science career involves collecting information about how human events impact the environmentWhat impact do biotic components of the environment have on abiotic componentsHow can environmental conditions impact a developing organismWhat are the impacts of macro-environment in an organizationWhat are the impacts of macro environment in an organizationWhat are four macro environmental factors the impact on business environmentHow interdependence among these living organisms and the environment creates a balanced ecosystem


What factors economic social political or environmental impact on the Harvey Norman's business performance?

what political factors affect the retail industry in aystralia


What are the 8 environmental elements of a firm?

The 8 environmental elements of a firm are: competitive environment, economic environment, social environment, political environment, regulatory environment, technological environment, legal environment, and global environment. These elements impact a firm's operations, strategies, and overall business performance. Understanding these factors is crucial for a firm to effectively navigate its external environment.


What is an enviromental impact?

Environmental impact is defined as any change in the environment, whether adverse or beneficial, as a result of a benefit activity, product, or service. For More:


What are environmental factors of the tundra?

Environmental factors of the tundra include cold temperatures, low precipitation, permafrost, short growing seasons, and strong winds. These factors shape the unique ecosystem of the tundra and impact the types of plants and animals that can survive in this environment.


How do you write an environmental analysis?

An environmental analysis identifies external and internal factors that can impact an organization. Assessment of opportunities and threats in the environment can be done using frameworks such as PESTLE (Political, Economic, Social, Technological, Legal, Environmental). Making informed decisions is common in strategic planning.


Which type of environmental science career involves collecting information about how human events impact the environment?

Environmental Psychology is an environmental science career that involves collecting information about how human events impact the environment. It is the study of human interaction with the environment.


Internal Environmental influences on employee's Behavior?

Some internal environmental influences that impact employee behavior include business policies, procedures and other workers. All of these factors create the working environment. It can be good or bad.


What is environment factor?

Environmental factors are any external conditions or influences that can impact living organisms and their ecosystems. These factors can include physical elements like temperature, precipitation, and soil composition, as well as biological factors like the presence of predators or competition for resources. Overall, environmental factors play a crucial role in determining the distribution and abundance of species in an ecosystem.