Business Studies, asked by Shan92, 1 year ago

What is mean by Business Environment? Explain SWOT analysis?

Answers

Answered by thara135
3
business environment is the sum total of all external and internal factors that influence a business. You should keep in mind that external factors and internal factors can influence each other and work together to affect a business. For example, a health and safety regulation is an external factor that influences the internal environment of business operations. 

SWOT Analysis is a useful technique for understanding your Strengths and Weaknesses, and for identifying both the Opportunities open to you and the Threats you face.
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