Uncontrolable factors of the business environment. Answer in a word/phrase/term.
Answers
Answer:
The one word or phrase which can be used to substitute the given sentence, 'Uncontrollable factors of the business environment', can be defined as the "ENVIRONMENTAL FACTORS".
Explanation:
These environmental factors are the factors which cannot be controlled in a business environment. The controllable ones are, 4 P's, i.e. The product, price, place and promotional factors.
These factors take place according to nature of employee and how the individual demand and supply functions in the market.
Uncontrollable factors are the external ones, like competition and technological advancements.
Answer:
Uncontrollable factors of business environment
Explanation:
Business is an economic activity which involves exchange of money.
There are various controllable and uncontrollable factors around a business environment
Uncontrollable environmental factors are demand and supply.
It means creating a need for the product before launching it in market
By making consumers believe how much they need our product and our product is thousand times better than other products.y making consumers believe how much they need our product and our product is thousand times better than other products.all products have a limited lifecycle but some products may have a demand beyond a lifecycle.