What are the different economic factors of pests?

Political, economic, social and technological (pests) is considering all these aspects in terms of business and economy. Specifically, in a discussion on economic aspects of such analysis, one usually focuses on the economy in the country where business is carried out and future prospects for the economy of this country. This would include an analysis of the growth rate of gross domestic product (GDP) and the possibility of economic recession in the next few years. Pest analysis would also consider interest rates, taxes and duties in a particular country and their likely future movements. The level of inflation and its impact on the competitiveness of the country's prices would also have to be examined. Such an analysis would concern this economic development with the prospect of sales of products and services on the market, taking into account the price elasticity of demand for these products. The study would deal with whether the government takes measures to STImulation of demand, and if so, whether these measures can lead to inflation pressure in the ground. It is also necessary to consider the effect of international economic climate on the country's economy. For example, in the case of world economic slowing, it would be necessary to explore the effects on a specific industry on this particular market.

Economic analysis must look at the structure of the industry in the country, including the number and size of potential competitors on the market. The economic factors of pests should include a study of consumer trends in the country. The company's marketing strategy may need to be adapted to the type of advertising that persecuted by competitors Achuts, fashion and customs in the country. If there is one particularly large player in the country, the company may have to accept a proactive marketing strategy to create a reasonable market share. Types of sales stores used by competitors could also affect sales strategyII of the company in the country.

future government policy in the country in connection with import obligations and taxes should be included in economic factors for pest analysis. This could include all the negotiations that are done with regard to reducing the customs or creating free trade zones in the region. Indirect taxes such as turnover tax or value added tax (VAT) and their impact on prices should be considered. Direct taxes are also important and the company must consider the possibility of double taxation and the existence of unilateral relief or double tax contracts to remove this option. Analysis of pests Economic factors could also include the consideration of investment of rotation pslouvy investments that could protect the company's investment.