ADMS 1000 Lecture Notes - North American Free Trade Agreement, Inventory Control, Resource-Based Economy
whitebuffalo5917706 and 39630 others unlocked
12
ADMS 1000 Full Course Notes
Verified Note
12 documents
Document Summary
The environment of business: forces that determine business success or. Failure: we need to consider the external forces these are forces that act. On all businesses in any location in the world. Political change can be very influential e. g. deregulation of canadian telecoms, banking industry, reduction of trade barriers, changing political leaders. Foreign ownership of canadian companies is becoming increasingly common: political forces, capitalist economy but the government also has an important role in the business environment, e. g. taxes, subsidies, global trade agreements etc, societal forces. Increasing need for higher education, immigration, aging population, changes in employment law, declining birthrates, women in the workforce. Why is walmart so successful: how might the 7 external forces affect the. Walmart s environment: economic force they have effectively managed this volatile force ie, in strong economies they, like all business benefit from strong consumer spending and they can expand their operations.