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Internal And External Factors That Influence A Company 's Operating Situation Essay

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Economy

GDP measures
How much industry has made / products
Income from the product
Spent / expensive of products.

Inflation
Oder in large quantities credit if affect exchange rates Effect the pound
Why they change
To energize businesses to borrow
To restrain from borrowing because the charge will be high
Influence customers to spend
People will start saving their money when the interest rate are high which will make them spend less
It will cost more to export and import from other countries.

Labour to Conservative change.
Zero-hour contract
Brexit
Recession
No more grants for university students

Review
Business environment
The combination of internal and external factors that influence a company 's operating situation. The business environment can include factors such as: clients and suppliers; its competition and owners; improvements in technology; laws and government activities; and market, social and economic trends.
Deflation
Downturn in an economic cycle caused by circumstances, or brought about by government policies. Deflation is opposite of inflation and is characterized by (1) increase in citizens ' purchasing power due to the falling prices, (2) decrease in wages, or slowdown in their increase, due to falling levels of employment, (3) decrease in availability of credit due to higher interest rates and/or restricted money supply, and (4) decrease in imports due to lack of demand. Governments cause deflation usually to improve their balance of
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