Thursday, December 9, 2010

The Economic Environment




*        Various environmental factors such as economic environment, socio-cultural environment, political, technological, demographic and international, affect the business and its working. Out of these factors economic environment is the most important factor.

*        The economic environment looks at income, expenditures, and resources that affect the cost of running a business.





*        Totality of economic factors, such as employment, income, inflation, interest rates, productivity, and wealth, that influence the buying behavior of consumers and firms.

*        The most important factors in the economy of a country is the amount of money people spend which is on of the income sources and also the sources that the country has itself.

 

 

Tree sources
  
gas sources
 

 

 

 

http://www.theglobeandmail.com/report-on-business/economy/

 

comparing the economy level of CA & US

 

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