external factors Flashcards
what are external factors
things or events out of businesses control
what is urbanisation
the process of constructing more buildings on rural land
what does capital intensive mean
use of more machinery than labour in production
what is sustainable development
the idea that people should satisfy their basic needs and enjoy improved living standards without compromising the quality of life of future generations
what external factors is likely to help reduce production costs
technological
the formation of a pressure group campaigning for manufacturers to use less sugar in products is an example of which type of factor
ethical
what is a pressure group
a group that tries to persuade people to push the government to take action against something