What are the major economic factors that can affect the business environment, such as inflation, interest rates, and unemployment?
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What are the major economic factors that can affect the business environment, such as inflation, interest rates, and
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- How can businesses use economic indicators to develop and guide their strategic plans?What are the risks and uncertainties that businesses face in the current business environment, and how can companies mitigate these risks and adapt to changing market conditions?How can businesses effectively manage and mitigate risks arising from the business environment, such as economic downturns, regulatory changes, or natural disasters?
- Discuss what is the future of the business environment, and how can businesses prepare for the challenges and opportunities ahead?Based on your understanding of the business environment, explain the internal and external factors (macro & micro factors for the external environment) and explicitly explain their effect and influence on the business operationwhat is income before income taxes ?