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Business strategy
Business is affected by so many factors__what are they?
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[QUOTE="Phantasm, post: 344319, member: 94599"] Various internal and external factors influence businesses which can affect how they function and their success. Such factors include market conditions, regulatory environment, technological advances, globalization, competitive landscape, customer behavior, supply chain disruptions; financial factors; labor market; environmental factors; social and cultural trends; political and legal factors. These factors are interrelated and constantly evolving hence the need for businesses to be flexible enough to adapt as well as be responsive for them to remain competitive and resilient. To maneuver through a complex business landscape, strategic planning, risk management and proactive decision making are vital. [/QUOTE]
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Business is affected by so many factors__what are they?
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