Biascan Business Analysis

I. Introduction There were a lot of business to think of today. You can sell clothes online, you can start in a small sari-sari store, a fragrance store, in the market… and many other more. Business people risk their lives and money just to have a successful business life. Being a business man or woman should have a trait of being innovative, being hard-working, being humble, and passionate with what they are doing. As a business student I myself was already thinking now, of what business that I will manage in the future. But first we all should be wise on thinking on what business we will be having in the near future. It should be on a perfect match on what skills you have or on what field are you. Even though you have a lot of competitors
Since the workers are expose to a wide range of hazards or any conditions that may lead to incidents, death, or injury. So, therefore the government regulated to have some safety precaution to keep the safety of the workers.
The other one political factor that can affect the Biascan is several changes on government policy. All firms/businesses must follow the rules and regulation. Like, Increase or decrease on tax. The government might increase the tax and lower it to others. So, you must stay in touch with the shifts of interest rate that can affect the demand pattern of company
Economic
Economic factors are essential to know if you want the business to achieve their goals, to increase both your profit and consumers. You must consider the buying power of your target market. One company must conduct research on how the Philippine economies are doing so they can adapt and adjust if needed. Economy dictates the demand cycle of steel works in a way where companies are investing to quality steels like sliding doors, glass table and etc. due to industrialization of the