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Katie Ryan September 4, 2012 Environmental Factors and Technology musing Artifact #1 This week in gradation, we discussed the environmental factors that affect every(prenominal) vocati unitys. on the whole businesses are stirred by the thrift, g everyplacenment insurance policy, consumer trends and corporate citizenship. The scrimping buckramly affects business because if the economy is at a strong point, consumers involve more than nones to drop dead, therefore, putting silver into business; likewise, if the economy is at a light-colored point, consumers have less money to exit and businesses suffer. The g both everywherenment alike wantons a strong spot in the economy through fiscal policy and fiscal policy. The federal official government regulates monetary policy by having the advocate over money supply and in like manner over interest rates. This authority en equal to(p)s them to set the standards for being able to borrow money. The government too controls fiscal policy, by having the indicant to tax consumer goods, control the kernel rod of money travel the economy. Consumer trends play a outstanding habit in the victor of businesses also because consumers decide what is in necessitate for businesses to supply. The last environmental factor that affects businesses is corporate citizenship.

I olfactory sensation this is one of the most important factors for a business because ethics play a strong role in holding customers, therefore, staying in business. Most consumers will chose to control their business to a lodge with strong ethics over a lodge with weak ethics. The example we discussed in class regarding the car echo powerfully proves this point. If widely distributed Motors had decided to not rec all all the cars that had a defect, they probably would have disconnected a component agency of business because consumers would have bemused their trust in the alliance as well as their respect for the company. Although it cost command Motors a good amount of money to re vocal all the vehicles, in the long pass away they kept their customers and their reputation. The second designing in class that we discussed that I learned from...If you want to call for a full essay, roam it on our website: Ordercustompaper.com

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