The Business and its External Environment

abdulsamedkaradal
Mind Map by abdulsamedkaradal, updated more than 1 year ago
abdulsamedkaradal
Created by abdulsamedkaradal almost 5 years ago
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Description

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

Resource summary

The Business and its External Environment
1 Demographic Factors
1.1 Changes in migration
1.2 Changes in birth and death rates
2 Market Factors
2.1 Changes in Competitor power
2.2 Growth in sales in a market
3 Economic Factors
3.1 Cosnumers' income
3.2 Level of Interest Rates
4 Environmental and Social Factors
4.1 Consumers prefer environmentally friendly products
4.2 Growth in popularity of fair trade products
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