Question

discuss the various internal and external factors effecting business in detail of business environment

Answer 1

 The internal business environment comprises of factors within the company which impact the success and approach of operations.

Internal factors:

Internal factors are those factors that affect business internally and below are those factors that affects company internnaly.

1. The strength of employees
2. Stratagic Risk
3. Innovation
4. Financial Risk
5. Employees Risk
6. Operational efficiency
7. Organizational structure

External factors:

Ecternal factors are those factors that affect business externally

1. Economic Situation
2. Laws
3. Customer demand
4. Surrouding Infrastructure