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When measuring performance, firms are susceptible to various uncontrollable factors. One of these is economic factors, which can be described as: Microeconomic effects such as
- When measuring performance, firms are susceptible to various uncontrollable factors. One of these is economic factors, which can be described as:
Microeconomic effects such as loss of income due to a poor marketing campaign
Acts of natures, so called (forced majeure), I.e. for instance acts of man or government
Business cycles, competitor actions, changing laws, or foreign exchange rate movements
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