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The document provides an overview of business environment factors that managers must consider. It discusses the internal environment of an organization as well as the external environment, which consists of micro and macro factors. The micro external factors are competitors, customers, suppliers, labor markets, financial institutions, and government. The macro external factors that influence organizations are socio-cultural, economic, legal-political, and technological conditions. Managers must understand t

Author

Beng Beng

Language

EN