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  • Business Communication Iii: Tanmay Mehta 527

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    Tanmay Mehta
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    The document discusses how the macroeconomic environment or context of a business can impact it in various ways. It notes that the level of economic activity, inflation, exchange rates, interest rates, and government rules all contribute to the context. It then states that the context can influence every aspect of a business from identifying opportunities to harvesting results. Both favorable and unfavorable shifts in context can respectively create opportunities or make businesses unattractive. A good business plan should be aware of how the current context helps or hinders the proposal, expect future contextual changes, and describe how management may respond to unfavorable changes or positively affect the context.

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    The document discusses how the macroeconomic environment or context of a business can impact it in various ways. It notes that the level of economic activity, inflation, exchange rates, interest rates, and government rules all contribute to the context. It then states that the context can influence every aspect of a business from identifying opportunities to harvesting results. Both favorable and unfavorable shifts in context can respectively create opportunities or make businesses unattractive. A good business plan should be aware of how the current context helps or hinders the proposal, expect future contextual changes, and describe how management may respond to unfavorable changes or positively affect the context.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
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    29 views6 pages

    Business Communication Iii: Tanmay Mehta 527

    Uploaded by

    Tanmay Mehta
    The document discusses how the macroeconomic environment or context of a business can impact it in various ways. It notes that the level of economic activity, inflation, exchange rates, interest rates, and government rules all contribute to the context. It then states that the context can influence every aspect of a business from identifying opportunities to harvesting results. Both favorable and unfavorable shifts in context can respectively create opportunities or make businesses unattractive. A good business plan should be aware of how the current context helps or hinders the proposal, expect future contextual changes, and describe how management may respond to unfavorable changes or positively affect the context.

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    Download as PPTX, PDF, TXT or read online from Scribd
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    BUSINESS COMMUNICATION III

    Tanmay Mehta 527

    The circumstances and setting in which an event occurs, the macroeconomic environment of a business

    Level of economic activity Inflation

    Exchange Rates
    The Context Interest Rates Government rules Available Technology

    Impact of Context
    Has an impact on every aspect, from identification of opportunity to harvest Changes in contextual factor can create opportunity Conversely the context may make it hard to start new companies

    A shift in context may turn an attractive business into an unattractive one and vice versa

    What should a good business plan contain?


    Awareness of new ventures context and how it helps or hinders the specific proposal Awareness that the new ventures context will inevitably change and describe how those changes might affect the business What management can do if context grows unfavorable

    Explain the ways in which the management can affect context in a positive way

    THANK YOU

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