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AS Unit 1 Physics Flashcard Deck

Callum McClintock

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The Business and its External Environment

Description

The external environment of a Business. From Unit 1 Business Studies for AS Level from September 2015.

Mind Map by abdulsamedkaradal, updated more than 1 year ago

	Created by abdulsamedkaradal almost 10 years ago

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Resource summary

The Business and its External Environment

Demographic Factors
1. Changes in migration
2. Changes in birth and death rates
Market Factors
1. Changes in Competitor power
2. Growth in sales in a market
Economic Factors
1. Cosnumers' income
2. Level of Interest Rates
Environmental and Social Factors
1. Consumers prefer environmentally friendly products
2. Growth in popularity of fair trade products

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