âIn the end, however, it's up to me to decide if I will be a willing pupil at any given time, to decide if I have little enough belief in my own feelings to subjugate them to the ways of another.â âBut on many issues they have been just as ready to subjugate human rights to their political interests.â
Entrepreneurship tends to focus on identifying and fulfilling consumer needs in specific niche markets, but all businesses can be affected by large-scale economic trends. Accounting for trends in the overall economy can help business managers make better decisions. Economic factors that commonly affect businesses include consumer confidence, employment, interest rates and inflation.
Cyclical Factors that Affect Business. Any business goes through different business cycles during the course of its existence. These cyclical stages include the ups and downs that a business experiences in terms of its sales volumes, revenues and product lines.