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Words: | Submitted: Wed Sep 24 2003
... are used to make my product which result in preserving the raw material and less manufacturing of my product. Economical Economical Factors, which could influence the success of my prodct, would be the rate of inflation because the current rate of inflation is about 2 and half percent. So if I plan to make 1million pounds in ten years time I have to take into account that 1million pounds this year might only be worth 8 hundred thousand pounds in ten years time so my goal have to be realistic and allow for inflation. Also if unemployment is at a low it could affect my target market as most unemployed people are young either dropped out of school of just finished university or have no money to purchase my product this could affect sales figures. As energy becomes more in demand the price of it might go up or companies might be ...
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