The global factors affecting business are the issues that will influence the way business runs from one country to another. Some of the main factors are political, legal, social as well as technological developments.
the factors that influence the types of production a business should use are:-the size of the market,the type of production demanded,technological aspects of the product that is demanded andis it able to be produced by using the flow production method.
Human factors, Physical factors, and technological factors.
technological factors,economic factors and social cultural factor
Five factors that can influence the choice of for of business ownership?
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Social factors that influence technological development include cultural values, economic systems, government policies, education levels, and societal needs or demands. These factors shape the priorities, resources, and motivations for innovation and often determine the direction and focus of technological advancements. Additionally, the level of collaboration and competition among individuals, companies, and countries can also impact the pace and extent of technological development.
identitfy and discuss factors that influence the location of your business?
Type your answer here... political factors;legal factors;ecological factors;economical factors;socio-cultural factors and technological factors
Environmental factors influenced the development of TCM included technological advancements and an enabling political environment.
It doesn't
The demand for capital goods in a market economy is determined by factors such as the level of investment, technological advancements, interest rates, and business confidence. These factors influence the willingness of businesses to invest in new equipment and machinery to improve productivity and expand their operations.