Question

what are the factors affecting business?explain in detail​

Answer 1

Answer:

1) Environment Analysis-Political environment

2) Economic environment

3) Social environment

4) Technological environment

5) Legal environment

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Answer 2

Answer:

Business is affected by different factors which collectively form the business environment. These include economic, social, legal, technological and political factors. Business environment is therefore, the total of all external forces, which affect the organization and the business operations (Kotler &Armstrong 2004).

Explanation:

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