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What is Understanding Business Environment Factors about?

Business operates within a social system and is influenced by various environmental factors both internal and external to the organization. Internally, factors like organizational values, management structure, human resources, and company image affect business decisions. Externally, the micro environment comprising suppliers, customers, competitors, marketing intermediaries, and financiers have a direct impact on business operations. The broader macro environment including technological developments, demogr

Author

Chandan Kumar

Language

EN