There are many macro economic factors that could influence procurement in general and commercial negotiation in particular. Below are six factors that are agreed to be fairly significant:
• Economy growth rate
• Inflation rates
• Interest rates
• Currency exchange rate
• Unemployment rate
• Protectionism
LO 2, AC 2.2
Contribute your Thoughts:
Chosen Answer:
This is a voting comment (?). You can switch to a simple comment. It is better to Upvote an existing comment if you don't have anything to add.
Submit