Conceptualised Framework of the Mediating Role of the Economic Factor of the Business Environment

Abstract

The purpose of this paper was to conceptually examine the mediating role of the economic factor of the business environment and lay a foundation of its effect on organizations survival or demise. This paper lays a comprehensive review on economic factor of the business environment and organization resilience and survival. Thus, for any business that intendents to continue its everyday operations, must devise ways to be resilient and survive by always scanning the environment it finds itself in, as well as being aware of the economic policies put in place by the government in power. Keywords: Business Environment, Economic Factor, Government Policies, Organizational Resilience, Organizational Survival.