Business Studies, asked by ashuashu4450, 1 year ago

What is external environment of business?

Answers

Answered by rohan5101
2
An external environment is composed of all the outside factors or influences that impact the operation of business. The business must act or react to keep up its flow of operations. The external environment can be broken down into two types: the micro environment and the macro environment.
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Answered by Anonymous
2

Answer:

External environment includes all those factors which influence business and exist outside the business. Business has no control over these factors .

Explanation:

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