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2760979
External influences of a business success
Descrição
hope this helps!
Sem etiquetas
business gcse exam revision
external resources
gcse business
Mapa Mental por
aneesak1999
, atualizado more than 1 year ago
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Criado por
aneesak1999
mais de 9 anos atrás
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Resumo de Recurso
External influences of a business success
business rivals
can be a threat if their prices are lower
can help to boost trade for everyone
prices and quality to compete with
industry
may set out guidelines eg pollution
may promote products for all businesses
voluntary codes to abide by
Government
legislation may affect business costs
can help to raise business confidence
laws to abide by, agencies to satisfy
global economy
overseas markets more accessible via internet
ups and downs in trade in a big economy can affect everyone
pressure groups
can be a threat if they gain publicity
demands for goods practice
can be a boost if products seen to be good
customers
demands for choice and quality to fulfil
consumer tastes may change
can stay loyal to a brand
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