Review: RIFF-it. RIFF-it good. We're coming out swinging! Started out in the spring of 2003. Never went to school, nobody talked to me. Except to tell me all the things I couldn't do. Don't want to hear about it.
The set of fundamental information that affects a business or an investment's value. Various economic factors need to be taken into account when determining the current and expected future value of a business or investment portfolio.
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.