Answers
Factors outside a business that can affect its performance and strategies, such as economic conditions, technology, and legislation.
The overall state of the economic factors that affect the growth and stability of the economy and, consequently, businesses within it.
A period of temporary economic decline during which trade and industrial activity are reduced, broadly identified by a fall in GDP in two successive quarters.
The cost of borrowing money or the return on savings, influencing consumer spending and business investment.
Laws or regulations that govern how businesses operate, ensuring they comply with ethical, safety, and quality standards.
The value of one currency for the purpose of conversion to another, affecting international trade and investment.
Factors within a company's control that affect its operations and performance, such as company culture and management decisions.
A regulation in EU law on data protection and privacy for all individuals within the European Union and the European Economic Area.
Advancements and innovations in technology that can influence business operations, marketing strategies, and product development.