Question

What external factors will impact your business decisions? what types of technology would you use to market a Chinese restaurant business and how would you use them?

Answer 1

Below are the few external factors that impact business decision.

• Economical factor
• Social factors
• Technological factors and
• Envirnomental factors.

I would like to use online and social media platforms in order to market the Chinese resturants business. Because in the current market scenario it is easy to get customers through social media platforms such as facebook, twitter, Instagram etc. The social media platforms are quick enough to get customers, consume less time and cost for the marketing activities.

Through effective advertisements regarding the products and services I would like to market the products. By sharing the information and creating the videos about products specification marketor can enhance their marketing activities. Through social media platforms the advertisement reaches customers quickly thus enhances the sales and marketing activities.

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