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ATARMAxxing · WACE Business Management and Enterprise revision notes

Economic and political factors affecting global operations

Environments — Economic and political
4 · Global business operations

What this note covers

  1. The economic and political strands of the PEST environment
  2. Economic activity and discretionary spending
  3. Interest rates and currency fluctuations
  4. Stability of foreign governments
  5. Relationship between foreign governments and the Australian Government
  6. Worked example: a fictional exporter facing shifting conditions
  7. How this topic is examined and what separates a top response

7 sections · 8 key terms & formulas · 6 common mistakes

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