4(F) Flashcards
1
Q
Driving forces (2) GLISTC
A
- Competitors
- Legislation
- Globalisation
- Technology
- Innovation
- Societal attitudes
2
Q
Competitors
A
Competitors are businesses within the same industry that sell similar goods or services to a business.
3
Q
Legislation
A
Legislation is the laws and legal regulations that a business has to follow.
4
Q
Globalisation
A
Globalisation is the process by which businesses are becoming more interconnected, allowing for increased international trade and cultural exchange.
5
Q
Innovation
A
Innovation is the process of altering and improving or creating new products or procedures.
6
Q
Societal attitudes
A
Societal attitudes are the collective values, beliefs, and views of the general public.
