What are the external factors positively influencing the operations of a business?

Give the external factors that may positively influence the operations of a business.

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(i) Security.

(ii) Positive publicity.

(iii) Good physical infrastructure.

(iv) High population/ market.

(v) Favourable social-cultural environment.

(vi) Fair competition.

(vii) Appropriate technology.

(viii) Stable political environment.

(ix) Stable economic environment.

(x) Favourable government policy/ legal framework.

(xi) Reliable supply system.

(xii) Weak consumer bargaining power.

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maurice.mutuku answered the question on July 14, 2017 at 05:56

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