Business Pressure
The business environment is the combination of
social, legal, economic, physical, and political factors that affect business
activities.
Significant changes in any of these factor are
likely to create business pressure on the
organization.
The three types of
business pressures faced are: market,
technology, and societal pressures.
The Global Economy and
Strong Competition
Regional agreements
NAFTA – European Union
BRIC
Cost of labor
Outsourcing / off shoring
Strategic Systems
increase market share and/or profits
better negotiate with suppliers
prevent competitors from entering their markets.
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