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Market Definition Types

What is a Market, Definition and Types of Market

A market can be defined as a place where buyers and sellers meet to exchange goods, services and other relevant information is called a market. Both these parties can meet in a city, state, province, country and region. The market may be a physical or virtual.
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External Factors Affect Business

External Factors Affect Business Environment

External environment of a business consists of all those external factors that are operating outside the premises of the organization. However, they impose a significant influence over the operations, survival and growth of the company.
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Start Small Business Online

How to Start a Small Business Online

I am a professional accountant and worked for 8 years in the development sector. But I was more inclined towards technology, internet and web surfing. I started my own small website back in 2012. In the past years, I learned a lot from hand on experience and many web experts. Today I am giving you a sequence of all time …
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Political Factors Affect Business

Political Factors Affect Business Environment

Political factors are part of marketing external environment that are uncontrollable and can affect business environment. Managers must keep a bird’s eye view on political factors like current and impending legislation, political stability and
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Pestle Analysis of Airbnb

PESTLE Analysis of Airbnb

Airbnb has a made a dent to the hoteling industry. Based on shared economy they are using the existing resources and offering jobs to those people “hosts” who are offering space to visitors. Airbnb is using technology to connect people and book and cancel a space.
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Technological Factors Affect Business

Technological Factors Affect Business Environment

Due to utmost dependence on equipment, technological factors have more effect on business environment and success globally than ever before. Strategic leaders always look for technological advancement so that can change business transformation.
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Legal Factors Affect Business Environment

How Legal Factors affect Business Environment

In the legal environment of a business, we are looking the key areas, particularly where law changes and how legal aspects affect businesses. All these legal factors are contained in the legal environment of a business.
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Social Factors Affect business

How Social Factors Affect Business Environment

The social environment of a business consists of all that a society believes, its customs, its practices and it’s the way it behaves. Largely, it is an artificial construct that can be clearly contrasted with the natural environment in which we have our livelihoods.
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