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Business environment includes

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Business environment includes

Posted by Abhi Patel 5 years, 5 months ago

CBSE > Class 12 > Business Studies

1 answers

Meghna Thapar 4 years, 11 months ago

The definition of business environment means all of the internal and external factors that affect how the company functions including employees, customers, management, supply and demand and business regulations. An example of a part of a business environment is how well customers' expectations are met. The external business environment consists of economic, political and legal, demographic, social, competitive, global, and technological sectors.

5 Major Components of Business Environment | Business Studies

(i) Economical Environment: ...
(ii) Social Environment: ...
(iii) Political Environment: ...
(iv) Legal Environment: ...
(v) Technological Environment:

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