Buy custom Managing External Influeces 
    
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            | Topic: | Business | 
        
            | Number of pages / Number of words: | 8 / 2037 | 
                
    
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Some changes may present a threat to the business, such as a
competitor using new or improved technology. Social changes may bring opportunities, for
example, migrant workers bringing new skills to the employment market. Environmental
impacts, such as those caused caused by carbon dioxide (CO2) emissions or the management
of waste, are of particular concern to businesses like First...
        
        
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A business must assess what external
changes are likely and which it needs to react to or take advantage of. Business planners can
then create strategies to help the business respond effectively. We use the term âbusiness
strategyâ to refer to a plan for a group of related products. Firstâs strategy relates to its
transportation plans and takes into account all of the PESTEL factors in its environment...
        
        
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            General points of the essay
            
                                    Managing External Influeces
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                                    EXPLAIN THE EXTERNAL SOURCES OF FINANCE AVAILABLE TO A RETAIL BUSINESS
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                                    Managing a business
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