Economic Forces:
It is important to monitor key economic factors such as:
- Foreign countries’ economic conditions
- Import/export factors
- Demand shifts for goods/services
- Income differences by region/customer
- Price fluctuations
- Exportation of labor & capital
- Monetary policies
- Fiscal policies
- Tax rates
- ECC policies (European policies)
- OPEC policies (Organization of Petroleum exporting countries)
- LDC policies (Less developed countries
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