assesment Flashcards

1
Q

internal influence

A

factors over which a business has some degree of control over
product, resource, culture, location, and management resources.

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2
Q

external influence

A

factors over which a business has little degree of control over
legal social, institutional, political, technological, market, economic, financial, geographical, and competitive

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3
Q

location

A

the location determines between the success or failure of a business

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4
Q

technological

A

a business increases efficiency and productivity by limiting staff and using robotics to save time and money.

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5
Q

culture

A

the values, beliefs, ideas and unwritten rules of a business.

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