Question
State four external business environments that may negatively affect performance of a business.
Answer
- Negatively affect performance of business.
- Many legal requirements.
- Consumers low purchasing power.
- Too much competition.
- Negative social /culture factors.
- Negative natural factors.
- Changing technology.
- Many legal requirements.
- Consumers low purchasing power.
- Too much competition.
- Negative social /culture factors.
- Negative natural factors.
- Changing technology.
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