What External Factors Affect a Business?

Answer

Some of the external factors that affect business include: competition, social changes, legal restrictions or policies, technology, taxation issues and political influences. In addition, a business can be affected by changing trends, sabotage and religious factors.
Q&A Related to "What External Factors Affect a Business"
1. nature of business. 2. the extent of capital. 3. Number of people. 4. prevailing business climate/government policies. 5. Business knowledge.
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I won't answer your question directly, as the answers are rather involved. Instead, I will recommend two books. The first is "Music, the Brain, and Ecstasy" by Robert Jourdain
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