Steeple is more advanced as it deals with macro-environmental external factors steeple offers an overview of various external fields it is an acronym for social, technological, economic, environmental, political, legal and ethical you can get a practical insight on each of these factors these elements can affect your business so, carry out the analysis and take fitting measures. Factors that affect international business 14 a brief introduction of the south africa economy 15the influence and impact of key factors that affect the practice of international business in south africa 15 conclusion 16 references 11 introduction international business is a term used to collectively.
Steeple factors and how they affect sa businesses bkristen gershkoff mr zabel ecology 1 october 2012 how abiotic factors affect the biota the variation of abiotic factors in both the beach and the salt pond greatly affect the biota in those areas at the beach there was a rocky landscape that rounded the water, while at the salt pond, there was more of a wet grassy area allowing different life forms or biota to thrive in each. External factors that can affect a business are: social factors: how consumer, households and communities behave and their beliefs eg changes in attitude towards health or a greater number of pensioners in a population.
International companies must analyze and identify those factors (legal environment) independently for every state they function more examples of legal factors affecting business ethical factors involve duties, morality, integrity, behaviour, what is good and bad for company, employees and society as a whole more examples of ethical factors affecting business.