Business Studies, asked by elise68, 4 months ago

1.)how important is the economic aspect of the business plan?
2.)how important is the socio-cultural aspect of the business plan?
3.)what are the economic factors that affect the business?
4.) what are the socio-cultural factors that affect the business?
5.) which do you think among the two aspect is the most important in a business plan?

help me pls.​

Answers

Answered by savithanovember11
2

Answer:

1.business plan lays out a written roadmap for the firm from marketing, financial, and operational standpoints. Business plans are important documents used to attract investment before a company has established a proven track record. They are also a good way for companies to keep themselves on target going forward.

2.A socio-cultural perspective on learning means that one takes a process perspective on human learning. In this sense, the concept of the interaction trajectory is important because it provides for the possibility of exploring how students orient themselves in situations over time

3.Interest rates.

Exchange rates.

Recession.

Inflation.

Taxes.

Demand / Supply.

4.The key socio-cultural factors that have a major impact on the operation of the multinational companies are 1) culture; 2) language; 3) religion; 4) level of education, 5) customer preferences, and 6) the attitude of the society towards foreign goods and services.

5.The executive summary the most important part of your business plan, and perhaps the only one that will get read so make it perfect! The executive summary has only one objective : get the investor to read the rest of your business plan.

Answered by vikashpatnaik2009
0

Answer:

Automation is the future of business. Automating a sales force means the sales person’s role needs to change if they are to remain in business.

Online businesses, for example, can now allow anyone to automate systems which work for them 24 hours a day. That doesn’t mean there is no work to be done, only that the sales person needs to change their tactics.

Online marketing is the new sales person’s main focus. Creating sales materials which can be used by automation is a different approach to selling.

A competitive advantage is gained by using automation where before it wasn’t possible. A wise sales person changes with the times and alters their behaviour accordingly. Ultimately it’s down to the individual sales person to think for themselves, increase their own productivity and time management and use systems and automation to gain a competitive advantage.

Explanation:

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