1. Technological factor
Advances in technology can help improve productivity of labour,also as reduce transportation costs,distribution costs,communication costs and production costs.Examples of it include changes that affect the production and distribution of a product or services.
2. economic factor
Economic factor affects the overall consumption and investment in a business. A stable economy attracts firms that wish to do business.An unstable economy however increases business rioisks and even deters investment. Examples of it include national income, taxation policy, foreign exchange policy,inflation rate,etc.
3. physical factor
It refers to the physical location and natural environment which directly affects the economic devbelopment of the countries or a region.A favourable physical environment with well-planned infrastructures likes the airport and transport facilities can attract firms.
4. Social and cultural factor
Social factor affects the productivity and labour supply.Examples of it includes the population structure,language ability,education level,etc.Cultural factor affects trhe taste and preferences of costumers.Examples of it include whether a country encourage women to go out and work and enphasis on virtue of hard work.
5. Political factor
This is related to the political system,laws and regulations of a country.Political systems can be classified as aurhoritarian and democratic. Laws and regulations' examples include licensing laws,customes laws,and labour laws,sorry it should be licensing regulations. A country with sound legal system and stable politial condition can attract investments as it enhances investors' confidence.
The global factors affecting business are the issues that will influence the way business runs from one country to another. Some of the main factors are political, legal, social as well as technological developments.
Natural disasters
few factors of competitor assumptions
technological factors,economic factors and social cultural factor
There are many different factors that affect business policy. These different factors range from shareholders to the dividend policy of a certain business.
Factors affecting dividend decisions
The global factors affecting business are the issues that will influence the way business runs from one country to another. Some of the main factors are political, legal, social as well as technological developments.
bhenchod
Natural disasters
few factors of competitor assumptions
jack sheet
technological factors,economic factors and social cultural factor
There are many different factors that affect business policy. These different factors range from shareholders to the dividend policy of a certain business.
Tora chudi
Various factors can affect if someone chooses to use a business or not. For example, the location and the price.
Some factors affecting shareholder wealth are costs, management decisions and how companies handle dividends. Companies that have lower costs can pay more in dividends.
Business Strategies and Employee engagement