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Q: How do you deal with external factors that may affect the business?
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What is a internal or external factor in business?

Market environment consist of all factors that in one way or another affect or affected by the organization desicion.there are external and internal factors. Internal factor , these involve (5M's)ManagementManpowermachinematerial andmoney.External factors , these includeMacro factor and micro factors.Macro factors are the one that affect the organization indirectly, these are (pestel)Politicalenviromentsocia-culturaltechnological andEcologicalleagalwhile micro factors are those which affect the organization directly it involvecustomerscompetitorssuppliers andpublic


Why business communication is important in business?

when we are talking with each other we communicate to each other this is call communication. now why it is important in business. with out communication the concept of achievement of goals is difficult, so there for it is important. good communication ensure the business goals. we organize the people by communication. The organization become more efficient in work. There are two kind of communication in organization one is internal and the second is external. In internal we deal the employee, aware him about the business give him training and busy in other activity for aware in external communication we deal the supplier and customer. a good communication can improve the business and ac-hive the target.


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What is the importance of business communication in your life?

In business, reputation and credibility need to be built up in order to get clients' trust and confidence. Having a sense of professionalism will bring a lot to the business, especially in a long term relationship with employees and clients. There is a need to make sure that every business deal is attended to promptly. Business communication encompasses not only communicating with external contacts but also with employees within the organization. This will aid the business in being well-organized and every matter whether it is a problem, an inquiry or a sales letter will be attended to properly and promptly. It does not mean that only a client's inquiry should be responded promptly but also feedbacks or problems arising inside and outside the business as well. This is done to have a balance within the internal and external factors, especially in relation to dealing with people, whether they are employees or other external contacts.


Why communication is important in business?

when we are talking with each other we communicate to each other this is call communication. now why it is important in business. with out communication the concept of achievement of goals is difficult, so there for it is important. good communication ensure the business goals. we organize the people by communication. The organization become more efficient in work. There are two kind of communication in organization one is internal and the second is external. In internal we deal the employee, aware him about the business give him training and busy in other activity for aware in external communication we deal the supplier and customer. a good communication can improve the business and ac-hive the target.


What is difference between company analysis and industry analysis?

An Industry analysis focuses on the industry itself and not the business. An industry analysis is based on external factors on an industry and is often deals with analyzing a task environment. Porter's analysis is often used for an industry analysis. For a company analysis you deal with inside strengths. weaknesses, opportunities and threats of your business. A company analysis focuses on internal analysis of the company.


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A Good Business Deal was created on 1915-06-30.


Give Example of how business environment influences business enviornment?

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What are the factors that result in desert formation and their impact on the social and biophysical aspects of the environment?

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