IB Business Management 1.5

Social STEEPLE factor

Technological STEEPLE factor

Economic STEEPLE factor

Political STEEPLE factor

Legal STEEPLE factor

Ethics STEEPLE factor

economic growth

recession

exchange rate

Technological impact on objectives and strategies

computer-aided design (CAD)

computer-aided manufacturing (CAM)

Fiscal policy

Inflation

cost-push inflation

demand-pull inflation

Impact of economic growth and recession on business objectives and strategies

Interest rates on business objectives and strategies

Exchange rates- decreases (depreciation) in the value of a currency value against other currencies

Exchange rates- increases (appreciation) in the value of a currency value against other currencies

Tax changes through the use of fiscal policy on business objectives and strategies

Unemployment effect on business strategies and objectives

Inflation (cost-push) on business strategies and objectives

Inflation (demand-pull)