Business Environments

2. They influence a business's capacity to compete and customers' willingness and ability to spend
5. Runs the business for the owner
6. The people who work for the business
7. The rules, they cover various topics and some are unique to the business
9. Imapct on the animals and environment
11. consider is social force or change that may impact on the success of a business
12. The environment can have a significant impact on the business but the business had no impact on these factors GETLEGSP
13. The availability and accessibility of technology for the business
14. The way the manager runs the business, the style in which it run
15. Businesses that offer rival goods or services
17. Otherwise known as micro environment, business has most impact on factors involved MMCCE
18. Can be divided into two categories, business has barely any impact on factors
19. Where factors and business impact on each other to a similar degree, two way impact LFCCTRS
21. Organisations and individuals that supply the resources that the business needs to conduct is operation
22. The availability of money in the system to the business eg. overdraft rates, merchant rates etc

1. Groups such as green peace, gay rights, SOS etc
3. In Australia, each level of government imposes its own direct and indirect regulations, to which all businesses must adhere.
4. Worldwide, what's going on around the world
7. The shared values and beliefs of the organisation
8. Those who purchase goods or services
10. Businesses that are government run and they oversee the operation of legislation
13. Protects the rights of workers
16. Local, state federal
20. Some political influence could act as inducements, such as government grants, encouraging businesses to expand