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BUSINESS ENVIRONMENT
Business Environment mainly refers to external forces that impact business. Such forces include political-legal ,technological ,cultural ,economic and physical.
Factors under External Environment
All the factors that provides opportunities or pose threats to an organization make up its external environment.
DEMOGRAPHIC ENVIRONMENT
SOCIAL ENVIRONMENT
CULTURAL ENVIRONMENT
POLITICAL ENVIRONMENT
ECONOMIC ENVIRONMENT
FINANCIAL ENVIRONMENT
TRADE ENVIRONMENT
TECHNOLOGICAL ENVIRONMENT
LEGAL ENVIRONMENT
REGULATORY ENVIRONMENT
TAX ENVIRONMENT
ETHICAL ENVIRONMENT
External environment consists of 1. Micro Environment 2. Macro Environment
1. Micro Environment
Micro environment is called as the task environment and operating environment.
Micro environment forces have a direct bearing of the operation of the firm.
These factors are present in companies environment and affect on the performance of...
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Title: BUSINESS
Approximate word count: 1984
Approximate pages: 8 (250 words per double-spaced page)
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