Fundamentals of Business

Business & Financial Markets  

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Fundamentals of Business

Customers

Customers
The actual buyers


Distribution channels
the ways or channels to reach the consumer/customer


Competitors
enterprises that offer substitutes as yours.


Public


Competitive environment


Macroenvironment


Social and demography
literacy, Crime, Culture, Minorities,women,health, demography


Macroeconomic
Circular flow, unemployment, foreign exchange, economic growth.


Legal and Political
Consumer law, politics, Governing laws


Natural
Infrastructure, agriculture, extenalities, natural forces


Technological
Lifecycles, appropriate technologies

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