Name two elements of internal environment affecting business
Answers
ORGANIZATION DIRECTION...
The role of company leadership is an important internal business factor. Your leadership style and the styles of other company management impact organizational culture. The positive or negative nature, level of family-friendliness, effectiveness of communication and value of employees are cultural implications that result from leadership approaches. Companies often provide formal structure or direction with mission and vision statements. These are forward-looking statements that provide the business for company decisions and activities.
OTHER INTERNAL FACTORS....
The strength of your employees is another crucial internal business factor. Motivated, hard-working and talented workers generally produce better results than unmotivated, less-talented employees. Your business processes and relationships within and between departments and employees also significantly impact business effectiveness and efficiency. In a high-performing workplace, employees not only have talent, but they work well together and collaborate on ideas and resolutions...
A LONG ANSWER
BUT I HOPE IT HELPS.......
The two elements of internal environment affecting business are :
1. Organisational structure : If the organisational structure of the business or company is efficient and stable, the companies runs smoothly. The heads and managers should see the the information flow is widely conveyed to all the customers.
2. Operational efficiency : The way a company operates directly affects their success in the market. The business owners should see what are the problems in operations and how they can be improved.