general influences

Seite 1

political :Nature of the political system, its institutions and processes;

government involvement in the economy

economical :

Structural aspects of both firms and markets; comparison of

economic theory and practice

social:

Socio-cultural influences and developments and demographic

changesstrong effect on business operations

technological:

The sum of knowledge of means and methods of producing goods

and services

legal :

Businesses operate within a framework of law  regulation on

status of the organisation; customer and supplier relationship etc.

ecological:

Ecological influence – above all in big companies