11&12 The general business environment list Flashcards
1
Q
Factors to consider in general business environment
A
People Make Rainbows, The Earth Laughs, Rainbows Form Perfect Circles.
- Propensity of consumers to buy life products
- Methods of sale
- Remuneration of sales channels
- Types of expenses and commissions incl. influence of inflation
- Economic environment (incl. developing/volatile economies and risky markets)
- Legal environment
- Regulatory constraints and opportunities
- Fiscal constraints and opportunities
- Professional guidance constraints and opportunities
- Climate change
