which external factors jeopardize the very existence of a business?
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THE EXTERNAL FACTORS THAT JEOPARDIZE THE VERY EXISTENCE OF A BUSINESS ARE:-
- Political Factors:- The degree to which a government may impact the economy and thereby impact institutions within a specific industry.
- Economic Factors:- How economic circumstances change supply and demand to immediately affect a company.
- Social Factors:- Emerging trends and structures in population analytics, demographics, and consumer behaviour may imply changes in consumer demands and want; it may also indicate a want for change in the workplace.
- Technological Factors:- How creation and growth develop a market or industry.
- Environmental Factors:- The ecological and environmental facets that influence a company’s undertakings or customer demand.
- Legal Factors:- The current legal allowances or regulations within countries or provinces in which an institution regulates.
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