Global And External Influences On The Car Market Flashcards
Global influences
Factors from around the world that affect businesses both within the domestic country and internationally.
External influences
Factors outside of the control of a business that impact on its day to day activities and strategic direction.
Go revise 2.5.1 - 2.5.3 , 3.1.4 and 4.1.1-4.1.3 and 4.2.5
Look at question
When are cars meant to be Zero emissions?
Governments around the world have set targets for all new cars to be zero emission, no later than 2035 in leading markets.
At the same time, they are subsidising the development of electric cars.
What is subsidiary?
A subsidiary company is a business entity or corporation either fully owned or partially controlled by another company, known as the parent company.