Types of business pressure

The business environment is the combination of social,legal,economic,physical and political factors that affect business activities.We focus on three types of business pressure that organizations face which is market ,technology and societal pressures.
-Market pressure are generated by the global economy and strong competiton ,the changing nature of the workforce and powerful customers.We'll look at each of these factors in turn.
1. Global economy and strong competition
2.The changing nature of the workforce
3.Powerful customers
-Technology pressures is the second category of business pressures consists of those pressures related to technology.Two major technology related pressures are :
1.Technological innovation and obsolence

2.Information overload

-Societal/political /legal pressures,the third category of business pressures includes social responsibility,government regulation/deregulation,spending to protect against terrorism and ethics

Prepared by:

Nurkhairiyah Suhairi

2010304083

bm2201b

Prepared for:

Miss ernie