These are estimated lower and upper costs of living in Edinburgh. The cost of living can vary greatly depending on your lifestyle, budget and spending habits. These costs are broken down by month. You can calculate your estimated budget based on how long you will be in Edinburgh. These costs do not include tuition fees.
3. Briefly describe the task environment and its four primary sectors. ANSWER: The task environment is the portion of the external environment that directly influences the organization's operations and performance. The task environment is made up of customers, competitors, suppliers, and the labor market. These sectors typically conduct day-to-day transactions with the organization. Level: 2 Page: 88-89
Businesses are greatly influenced by their environment. All the situational factors which determine day to day circumstances impact firms. So, businesses must constantly analyze the trade environment and the market. There are many strategic analysis tools that a firm can use, but some are more common.