show the different element of business
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Internal environment includes internal factors of the business. It includes plans and policies, human resource, financial resource, corporate image, plant and machinery, labour-management relationship, promoter’s vision etc.
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Explanation:
According to the most common type of analysis, the PESTLE analysis, there are six such elements that a business must be aware of: political, economic, social, technological, legal and environmental. Economic and legal factors are sometimes grouped together, giving five broad elements of the business environment.
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