CAPS BS 10 TERM 1 WEEK 4 Market Environment
TOPIC – Market environment
The components of the market environment
- The market (consumers/customers)
- Suppliers
- Iintermediaries
- Competitors
- Other organisations/civil society (e.g. community based organisations
– CBOs, non-governmental organisations
– NGOs, regulators, strategic allies and unions)
- Opportunities and threats faced by the business – business has no control over these factors