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.
The industry or market opportunities that are most relevant to a company and those which its strategy should aim at capturing include. *opportunities that are well-matched to the company's competitive capabilities and resource strengths.trategies that yield sustainable competitive advantage is important because. a strategy that yields a competitive advantage over rivals and creates an enduring demand for a company's products or services is the key to a company's ability to earn ongoing above-average profits.