Business Studies, asked by shuchi0666, 6 months ago

choose a company by your own and create it's internal and external factors which you think affect it most....Make sure few positive and few negative points should be there...​

Answers

Answered by varshakale0001
0

Answer:

What are external factors? The economy, politics, competitors, customers, and even the weather are all uncontrollable factors that can influence an organization's performance. This is in comparison to internal factors such as staff, company culture, processes, and finances, which all seem within your grasp

The three main internal factors are:

human resources.

finance.

current technology.

These are:

political - For example, new legislation.

economic - For example, inflation and unemployment.

social - Changes in taste and fashion or the increase in spending power of one group, for example, older people.

technological - For example, being able to sell goods online or using automation in factories.

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