Practicing Success
Match the following:
|
A-1, B-2,C-3, D-4 A-2, B-3,C-4, D-1 A-3, B-4,C-1, D-2 A-4, B-1,C-2, D-3 |
A-2, B-3,C-4, D-1 |
* Suppliers and creditors- Specific forces such as investors, customers, competitors, suppliers, etc. * Social and political environment- General forces such as economic, social, political, legal, natural and technological conditions influence all business enterprises. * Gaining the profits for being a pioneer- first-mover advantage can be simply defined as a firm's ability to be better off than its competitors as a result of being first to market in a new product category. * Positive external trends- Opportunities in the business environment are those factors that provide possibilities for a business to expand so as to make more sales and profits. Constraints are those factors that limit the ability to grow, and reduce sales and profit potential.
|