Random Flashcards
STEEPLE FACTORS
Social Technology Environment Ethical Political Legal Economic
Inflation
Tendency for prices to rise
Consumer price index
Examines weight off prices of customer goods
Indirect tax
Tax on spending paid to authorities
Direct tax
Tax on income paid by bearer to tax authorities
Subsidy
Payment to taxpayers
Business cycle
Boom
Recession
Slump
Recovery
Ethics
Something morally right or wrong
Ethical behaviour pros
New customers Better quality employees Encourage employees to stay with business Encourage investment Positive publicity
Ethical behaviour cons
Increased cost
Less competitive prices
Could build expectations
Technological factors
Computer software/hardware
Wireless charging
Automation
Computer hardware
Parts of computer
Computer software
Programs
Apps
Tariffs
Tax paid on impacts, make imports more expensive
Quota
Limit on total quantity of product
Single market
One set of rules and regulations
Why to rejoin eu
Free movement of people
Easier recruitment
