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What affects a business externally?

Several external factors affect a business. This includes political events, social changes, as well as the economic performance of the country.


What cultural factors affect business activities in Vietnam?

Cultural factors in Vietnam that affect business activities include a strong emphasis on relationships and trust, which are crucial for building partnerships and negotiating deals. The collectivist nature of Vietnamese society means that decisions often involve group consensus, impacting organizational structures and management styles. Additionally, respect for hierarchy and seniority influences workplace dynamics, with deference shown to those in higher positions. Understanding local customs, such as the importance of face-saving and indirect communication, is vital for successful business interactions.


Factors affecting location of a business?

The factors that affect the location of a business include:Level of competition from similar vendors/businessesAvailability/accessibility for/to customersAccessibility to suppliersConsumer demand of such a business in a certain locality (i.e., if your business is the only coffee shop in town, you will get lots of customers. If your business is one of many coffee shops in a town or city, you will not get as many customers)Ability to expand the business


What are the extraneous factors for business?

There are an endless array of both internal and external factors that can have either a positive or negative affect on business operations. External factors would include changes in the economy, government regulation, war, weather (i.e. hurricanes, flooding, etc.), competition and market changes, among others. Usually external factors are beyond the control of management.


Factors that affect the location of a business?

Availability of raw materials - resources , sufficient power supply , large labor supply , money for investment in industries , efficient transportation system, closeness to markets, cities, towns, and incentives to attract industry are factors that affect industry location

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What two factors affect business ownership structures?

I like to do my portfolio of Business Law, and first all I have to set up the business of ownership structure, the business is an accounting practice.


What are Environmental factors that affect a business?

how environmental factors affect in business


What factors affect the globalization of an 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.


What factors affect the frozen desert business?

and and and


How do legal factors affect a business?

They don't.


What are the factors that can affect a business?

poor planing


What are the factors affecting business policy?

There are many different factors that affect business policy. These different factors range from shareholders to the dividend policy of a certain business.


How does a stakeholder affect a business?

a stakeholder holds part ownership of the business. Therefore in all ways he does affect the business. in making decisions can affect the business operations. also in part of contributing the capital, this can lead either the business to gain enough or little capital and hence further affect the kind of business transaction to be carried out due to the capital collected.


What are the factors that affect business environment?

Andrew Broadbent


Micro-environmental factors that affect the development and introduction of a health drink?

what are the micro environmental factors that affect business environment?


How do technology factors effect businessess?

There are a great many ways in which technology factors affect businesses. These factors affect how efficient a business is with money for example.


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.