Entrepreneurship tends to focus on identifying and fulfilling consumer needs in
specific niche markets, but all businesses can be affected by large-scale ...
Aug 30, 2016 ... Both international and domestic businesses are often affected by the dynamic
economic conditions prevalent in the market. Factors like ...
Definition of economic factors: The set of fundamental information that affects a
business or an investment's value. Various economic factors need to be taken ...
The global economy is one of the biggest external factors that will, at some time,
affect your business. Market fluctuations based on politics, terrorism attacks, ...
Oct 11, 2014 ... The economic environment consists of external factors in a business' market and
the broader economy that can influence a business. You can ...
IGCSE, GCSE Economics revision notes for CIE, OCR, AQA, EDEXCEL, CECA
and IB Diploma Economics. ... Business Studies · IGCSE Business Studies ...
getting lower wages. Age may be a factor which limits the worker to get higher
Businesses operate in an external environment in which as well as competition ...
Economic factors relate to changes in living standards and how these affect ...
Transport services are at the heart of the UK economy - moving people to work,
home and school ... Another economic factor affecting First's business is taxation.
Social factors relate to pattern of behaviour, tastes, and lifestyles. ... Other
economic changes that affect business include changes in the interest rate, wage
Page 3: Economic factors. Impacts of recession. Changes in the wider economy
impact on businesses. In 2008–09, the UK economy went into recession.