external factors Flashcards

1
Q

what are external factors

A

things or events out of businesses control

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2
Q

what is urbanisation

A

the process of constructing more buildings on rural land

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3
Q

what does capital intensive mean

A

use of more machinery than labour in production

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4
Q

what is sustainable development

A

the idea that people should satisfy their basic needs and enjoy improved living standards without compromising the quality of life of future generations

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5
Q

what external factors is likely to help reduce production costs

A

technological

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6
Q

the formation of a pressure group campaigning for manufacturers to use less sugar in products is an example of which type of factor

A

ethical

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7
Q

what is a pressure group

A

a group that tries to persuade people to push the government to take action against something

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