This section focuses on different external influences on business activity and how these impact on a business.
It includes government influences on economic, environmental and ethical issues and how they impact on the functional areas of businesses. In addition, the international economy including globalisation and its effects on businesses and governments, multinational businesses and exchange rates are important issues.
Legal constraints are an external influence to be considered but these influences are covered in the relevant functional areas above, as well as in this last section.
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