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Topic: Business
Number of pages / Number of words: 3 / 708
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The economic environment strongly impacts business. There will always be periods of short-term ups and downs and that is considered the business cycle. If the economy is in good health then the business will also be. The same theory can be applied to poor economic health. By studying the gross national product (GNP), gross domestic product (GDP), productivity, balance of trade, employment and the national debt we can gauge the overall economic performance...


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By studying the gross national product (GNP), gross domestic product (GDP), productivity, balance of trade, employment and the national debt we can gauge the overall economic performance.

The technological environment is all the technical resources a company has. This would include computers, robots, machinery, telecommunications and many other items of this nature...


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