Economic factors in decision making fall under the category of
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external factors
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Economic factors in decision making fall under the category of "external factors".
The economic factors are one of the numerous environmental, external factors which can influence organisations. In spite of the fact that they relate with the economy on a more prominent scale, they profoundly affect the inward workings of any and each organisation. Examples incorporate interest rates, exchange rates, and taxes and can be found in all associations.
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