The actions and motives of the government have a major direct impact on the business
New legislations by the government have to be considered as they can impose major negative influence over the business
It is highly important that the brand creates an understanding with respect to the role played by the government within the place of market, whether it be participator or the regulator
The ideology politics is known to be followed
Major contribution within the Gross Domestic Product
The brand name gets affected by the policies established by the government can be negative or positive
Changes within the structure, level of growth and technology of the industry has a major impact on the organization
Distribution of wealth affects the power of buyer
Two aspects are extremely difficult to be understood that include quality and power
Dealing with the behaviour of humans is not an easy task
Several other demographic conditions such as the groupings of socio economy, ownership of homes, geographical factors, structure of family, life cycle of family and the rates of usage
There has been an increase in the need for new technologies
Changes within the technology effects the base of cost as there is an involvement of increasing the use of technology
Increase in the costs of control and investment due to the field of research and development
The group of BMW understands the point that suppliers are capable of having a direct influence on the strategies of market from many different dimensions. Firstly, if the availability of raw materials lack, the supplier might not be capable of producing the products that can be considered as accessories for the car (Martin, 2007). This is due to the fact that the brand does not initiate sale until or unless the production is complete with the appropriate standards of quality. Hence, with the new strategy of marketing, there is a need for the consideration of alternatives in order to maintain an effective management of supply.
However, in the current context, it can be stated that there is stability within the commitment of suppliers towards the organization (Luchi, 2008). Also, the process of manufacturing takes place on time as per the schedules set with appropriate level of flexibility as there is strong cooperation amongst each and every plant.