social trends, have to keep up with common and new trends e.g. social networks o engage with cutomers
1 of 7
Technological
development of computers, if they are behind the businesses may fall in competition, they need to keep up with developments in technology
2 of 7
Ethical
businesses need to be seen to doing the right thing, following codes of practice and dealing with moral issues, they don't want the rise of pressure groups
3 of 7
Environmental
businesses need to look after environment,if they don't this could lead to pressure groups campaigning against them, customers may be put off if they aren't environmentally friendly
4 of 7
Political
trade unions effect businesses by campaigning for things like higher wages for their staff, to ensure a safe workplace, compensation, more holidays, better trainingand equal opportunities
5 of 7
Legal
laws the business need to follow, competition law, consumer protection, health and safety, discrimination act,minimum wage
6 of 7
Economical
if the economy is strong, they are more likely to survive as people have disposable income, if economy is in decline businesses struggle because people have less disposable income to spend
7 of 7
Other cards in this set
Card 2
Front
development of computers, if they are behind the businesses may fall in competition, they need to keep up with developments in technology
Back
Technological
Card 3
Front
businesses need to be seen to doing the right thing, following codes of practice and dealing with moral issues, they don't want the rise of pressure groups
Back
Card 4
Front
businesses need to look after environment,if they don't this could lead to pressure groups campaigning against them, customers may be put off if they aren't environmentally friendly
Back
Card 5
Front
trade unions effect businesses by campaigning for things like higher wages for their staff, to ensure a safe workplace, compensation, more holidays, better trainingand equal opportunities
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