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Running Head: ECONOMIC FACTORS AND COMMUNITY
Economic Factors and Community
Prepared By:
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Course Title:
University:
October 20, 2014
ECONOMIC FACTORS AND COMMUNITY
Introduction
The current business environment is an ever-changing and dynamic environment where
most business operates. There are a number of factors that can have an impact on the operation
of a business. These items are legal factors which can be an important factor that should be kept
in mind while a business conducts its business activities. Another will be that of economics and
the associated factors, these are considered the most important factor in all other external factors
that affect the operation of a company or organization and will be at all levels which will include
the local levels, and the state and national levels as well (Conklin, 2006). The economy is always
going to be a concern that could affect organizations effectiveness.
It is important for management to consider economic factors and legal concerns in
