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A relevant market is a market that is determined by a company's direct competition. The main situations in which a relevant market...
P6 CRITERIA: Describe how political, legal and social factors are impacting upon the business activities of the selected organisations and their stakeholders. Businesses have many factors which can impact upon success in the marketplace. Political, Legal and social being three of the most important factors, which of course businesses must adhere to. A consequence of not adhering to these expectations can result in imprisonment and penalties for owners of the business.