Influences on business
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Last updated 3:57 PM on 6/16/25
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6 Terms
1
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Exchange rate
How currencies compare in different countries
2
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Interest rates
How much you earn for saving and pay for borrowing money
3
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E-commerce
Buying and selling online
4
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Monopoly
When one business controls the whole market
5
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Globalisation
Expanding your business worldwide
6
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Competition
Different companies that sell and provide similar goods and services to your company that you may have to compete with to create an income
