Role of political environment analysis in modern business
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environment.
The environmental analysis has to be implemented at an internal level, as well as an external level, to identify all opportunities and threats of the external and internal environment. Moreover this analysis is helpful to find the strengths and weaknesses of the any organization. External analysis of the environment is generally emphases on the customers. External environmental also refers to the aspects of the technological, commercial, economic, financial, political, regulatory, socio-cultural and physical environments of an organization.Whereas, the internal analysis focuses at the current situation of resources, strengths or weakness of an organization. Internal environment refers to the capabilities and limitations of the organisation and it has no limitations.
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The environmental analysis has to be implemented at an internal level, as well as an external level, to identify all opportunities and threats of the external and internal environment. Moreover this analysis is helpful to find the strengths and weaknesses of the any organization. External analysis of the environment is generally emphases on the customers. External environmental also refers to the aspects of the technological, commercial, economic, financial, political, regulatory, socio-cultural and physical environments of an organization.Whereas, the internal analysis focuses at the current situation of resources, strengths or weakness of an organization. Internal environment refers to the capabilities and limitations of the organisation and it has no limitations.
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