external factors - environmental Flashcards
1
Q
what are the two main aspects that environmental factors cover?
A
- physical conditions: climate change, weather
- green credentials: recycling, pollution
2
Q
how can the weather impact a businesses sales?
A
- many products and services are seasonal
- good summers mean increase in sales of fizzy drinks and sun tan lotion
- bad weather can cause disruption to deliveries which could lead to a business being unable to fulfil customer orders
3
Q
why is being a ‘green firm’ important?
A
firms that recycle goods, minimise their carbon footprint and try to cut down on ollution will attract customers who want to buy from companies that are environmentally friendly: increased sales, good reputation
