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Explain the impact on your two chosen businesses of changes in external influences, including reference to competitors, external and environmental constraints.
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Task D2 Explain the impact on your two chosen businesses of changes in external influences, including reference to competitors, external and environmental constraints. Competition Competitors have a major impact on businesses and can have a major effect on other contending businesses around them. For instance if a new business opens up and starts to sell the same kind of products as Ikea or Lansing Linde at a cheaper price, it would effect the profit of Ikea and Lansing Linde as they will be losing customers. Or if Ikea or Lansing Linde's current competitors were to lower the prices of their products, this will also have a major affect as they will constantly have to lower prices to compete with their rivals. Ikea and Lansing Linde will have to improve the quality of both their services and their products in order to gain more customers than their competitors otherwise they will not sell as many...
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