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Author Topic: 1.3 Changing Business Environment  (Read 874 times)
jeet
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« on: March 14, 2009, 12:24:41 PM »

Businesses operate in an external environment in which as well as competition from rivals businesses have to take account of legal, political, social and economic influences.

A SLEPT (Social, Legal, Economic, Political, Technological) analysis is often carried out by business planners which enables them to develop more informed strategies (i.e. long term plans).


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