Question
Highlight Four external factors that may negatively influence the operations of a business.
Answer
- Unfair competition
- Inappropriate technology
- Unstable political environment
- Unfavorable Government policy
- Unreliable supply system
- Unsuitable economic environment
- Poor physical facilities / infrastructure
- Insecurity
- Natural calamities
- Negative publicity
- Unfavorable social cultural factors
- Low population level
- Inappropriate technology
- Unstable political environment
- Unfavorable Government policy
- Unreliable supply system
- Unsuitable economic environment
- Poor physical facilities / infrastructure
- Insecurity
- Natural calamities
- Negative publicity
- Unfavorable social cultural factors
- Low population level
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