... , there are increasing number of laws that for issues like consumer privacy, product safety, fair trade practices, truth in advertising, packaging and labelling etc. Another important aspect of this external environmental force is the Trade treaties and trade barriers among nations. Today with the extent of globalisation it has become a very important knowledge for any professional and more so for a marketing ... the marketing activities in different nations. Kotler et al. (2011, p. 73) also mention that business ethics and the social responsibly of the companies cannot be ignored as a p...

• Word Count: 1974
• Approx Pages: 8
• Has Bibliography
• Grade Level: High School

... money available within a business as well as the economic stability through times of growth and recession have strong effects on businesses. Not only is the physical environment, including natural resources, pollution and energy as discussed previously, important, but many other aspects within the environment influence business. A business must adapt and overcome consumerism and ecology, and it has a social responsibility to do ... own boss. This is why small businesses are on the rise. There are many aspects that go along with creating a successful business, regardless of it's size. Th...

• Word Count: 3843
• Approx Pages: 15
• Grade Level: High School