Question

Difference between internal and external environmental

Answer 1

Explanation:

The key difference between internal and external business environment is that internal environment is specific and has a direct impact on the business, whereas external environment has an impact on all business groups, not just one particular business.

Answer 2

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Internal Environment refers to all the inlying forces and conditions present within the company, which can affect the company's working. External Environment is a set of all the exogenous forces that have the potential to affect the organization's performance, profitability, and functionality.