Examlex
An intersection relation consists of:
Technological Environment
The external factors in technology that impact the operations of a business, including innovation, trends, and regulations.
Economic Environment
The totality of economic factors, such as employment, income level, and inflation, that influence the operation of a company or market.
Competitive Environment
The dynamic external system in which businesses compete for resources, customers, and market share.
Legal/Regulatory Environment
The framework of laws, regulations, and standards that govern how businesses operate, affecting everything from corporate behavior to market competition.
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