âIn the end, however, it's up to me to decide if I will be a willing pupil at any given time, to decide if I have little enough belief in my own feelings to subjugate them to the ways of another.â âBut on many issues they have been just as ready to subjugate human rights to their political interests.â
Entrepreneurship tends to focus on identifying and fulfilling consumer needs in specific niche markets, but all businesses can be affected by large-scale economic trends. Accounting for trends in the overall economy can help business managers make better decisions. Economic factors that commonly affect businesses include consumer confidence, employment, interest rates and inflation.
Organizations strive to be market leaders in their given industry. In climates where factors such as recession, inflationary pressures and increased competition can hinder the achievement of this goal, companies look for strategies that lead to competitive advantages. One such strategy is the adoption of information systems within the company. Information systems help a company make adequate use of its data, reduce workload and assist with compliance with various mandatory regulations.