Explain How Each of the Main Factors in the External

question 279

Essay

Explain how each of the main factors in the external environment of a business affects how marketing is carried out.

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Definitions:

Depreciation Expense

Spreading out the cost of a tangible resource over the period it is expected to be used.

Accumulated Depreciation

The total amount of depreciation expense allocated to a fixed asset since it was put into use, reflecting its wear and tear over time.

Business Computer

A computer designed for business purposes, including processing data, managing information, and supporting business operations.