Management

  • vision
  • communication
  • staffing and delegation
  • ‘teams’

Trend analysis

  • Market segmentation: measurable parts of a total market
    • What is something ubiquitous now that wasn’t 10 years ago?
    • What has changed, developed or been invented?
    • Are these targeted to different parts of the total market?
  • Economic trends

Avoiding over-extension

  • Finance
  • Staff

Using technology

  • retail
  • school

Economic Conditions

Remember the economic cycle?

economic cycle

How might businesses adapt to different stages of the economic cycle?