from nuclear energy in late 1990s as Siemens continues to conduct research in nuclear power (Rothaermel,2013). Economic: It is the factor that refers to the growth rate, inflation rate, exchange rate, labor costs, unemployment trends, interest rates, price fluctuate, economic recession and economic booming etc. For instance, the interest rate can affect the cost of capital for further extending the business, and the exchange rates can influence the supply and price of importing goods (Hitt, 2013)…
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