Discuss the changing factors that could influence business in the future.
Explain the basic concepts of management and recognize problems faced in operating a business enterprise.
There are many factors that can influence business, [ some factors are:
War
New controlling party
The rapid use of fossil fuels
New sources of energy
Products that make other products obsolete
The value of a dollar (or any countries currency)
The interest rate All the jobs are moving to India and China, the ones that have not already that is. So labor will become cheaper and cheaper. The government here in the U S has piled up so much debt that their only hope is for hyperinflaction so they can pay it back 10 cents on the dollar. So they will be printing money like mad. Since China has
enough dollar to buy the U S, they probably will when the government starts to inflate the dollar, so hard assets will become very valuable especially oil wells. China already tried to buy one oil company. Since energy will become more and more valuable and expensive, outlying suburbs and very large homes will worthless, so banks holding the mortgages on them will face financial difficulty. That might lead to a collapse in the economy and massive business failures. ]
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jher000|Points 6145|
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Asked 10/26/2011 11:11:54 AM
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