Components Of The External Enviornment Flashcards
1
Q
Laws and regulations
A
Government policies and procedure the government expects to be followed
2
Q
Economy
A
Inflation- pricing goes up
- deflation- pricing goes down
- money supply and how it affects the economy
3
Q
Technology
A
Replacing humans
Positive and negatives
4
Q
Demographics
A
The characteristic of a population ( senses)
Age, gender, religion, income
5
Q
Social values
A
Morals saying thank you
6
Q
What are the Components Of The External Enviornment ?
A
1- laws and regulations 2- economy 3- technology 4- demographics 5- social values
