Distinguish between internal and external environment
Answers
Answer:
Internal environmental factors are events that occur within an organization. Generally speaking, internal environmental factors are easier to control than external environmental factors. Some examples of internal environmental factors are:
Management changes
Employee morale
Culture changes
Financial changes and/or issues
External environmental factors are events that take place outside of the organization and are harder to predict and control. External environmental factors can be more dangerous for an organization given the fact they are unpredictable, hard to prepare for, and often bewildering. Some examples of external environmental factors are:
Changes to the economy
Threats from competition
Political factors
Government regulations
Answer:
Internal environment : it refer to all those factors which influence the business and present within the business itself and are under the control of the business.
External environment: It refers to all those factors which influence business and present outside the business and business has no control over theses factors
Explanation: