Question

Name two elements of external environment affecting business answer

Answer 1

) Name two elements of internal environment affecting business.
Ans.
The two elements of internal environment affecting business are:-
1.
Organisational culture
2.
Entrepreneurial spirit

Answer 2

Two elements are - - -


(a) Economic environment - - It refers to the production and generation of income and wealth in social set up... It is the main component of any business. It affects the business working..


(b) Social environment - - It is the second main component of any business. It also affect the work of business.. It includes birth rate, death rate, consumption pattern etcc...


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