Lesson 4 Flashcards
1
Q
Intention to make profit
A
Firm
2
Q
Group of firms that satisfies similar needs and wants
A
Industry
3
Q
Evaluating the macro environment to identify potential changes
A
Environmental scanning
3
Q
Either for profit or non profit
A
Business
4
Q
Political economic social technologies
A
PEST
5
Q
Strong influences based on the ideologies of the government system
A
Political
6
Q
Country’s capital cost and available consumer demands
A
Economics
