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Understanding that Businesses Operate Within an External Environment

Understanding that Businesses Operate Within an External Environment

Subject: Business and finance

Age range: 16+

Resource type: Assessment and revision

Last updated

9 September 2018

pdf, 979.89 KB
pdf, 979.89 KB

NEW AQA 2015 Business Specification

This revision sheet considers the impact of the external environment upon a business. It looks at some of the key elements of PESTLE and then examines in more depth the concepts of competition, income, economic conditions, interest rates, exchange rates, demographics and finally environmental issues and fair trade.

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