Impacts on a Business Environment

Impacts on the business environment 

 

Political 

    •     Government Policy 
    • Foreign Trade Policy 
    •    Tax Policy

 

Economic 

    • Interest Rates 
    • Exchange Rates 
    • Consumer Trends 

 

Social 

    • Horizontal Mobility 
    • Vertical Mobility 
    • Upward Mobility 
    • Downward Mobility 
    • Inter-generational Mobility 
    • Intra-Generational Mobility 
    • Economic Growth 

 

Technological 

    • Companies use emerging Technologies to try and reduce operational costs 
    • Save time and money 
    • Avoid mistakes, ‘human errors’ 

 


Legal 

    • Organisational Law 
    • Employment Law 
    • Consumer Laws 
    • Health and Safety legalisation 

 

 

Environmental

    • Carbon footprint 
    • Can be internal and external to a business 
    • Reduce emissions 

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