ATARMAxxing · WACE Business Management and Enterprise revision notes
Economic and political factors affecting global operations
Environments — Economic and political
What this note covers
- The economic and political strands of the PEST environment
- Economic activity and discretionary spending
- Interest rates and currency fluctuations
- Stability of foreign governments
- Relationship between foreign governments and the Australian Government
- Worked example: a fictional exporter facing shifting conditions
- How this topic is examined and what separates a top response
7 sections · 8 key terms & formulas · 6 common mistakes
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