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What of the forces of the business environment involves the rivalry among businesses for customers and profits?

The competitive dimension


How a business organization has responded to changes in the business environment?

A business organisation responds to changing business environment by strategic alliance,mergers,brand building,restructuring,modernisation,expansion in its vulnerabilty within the dimensions of the social,political,economic,technological,legal environment by SWOT analysis.(strength,weakness,opportunities ,threats) of all levels & components of the business environment.


What precaution should a potential entrepreneur take at the idea generation stages in an ever changing business environment?

i find also answer


What is the impact of specific external environment in an organization?

External environment refers to institution or forces that are outside the organisation and can potentially affect the prganisation's performance. The external environment of an oraganisation cosists of two majors :General environment and Task environment.There are 5 major dimensions of general environment :-International dimension-Technological dimension-Socio-cultural dimension-Economic dimension-Legal political dimensionThe task environment includes Customers, Competitors, Supplier and Labour market.Internal environment refers to managers work includes corporate culture, physical facilities, production technology , and organisation structure.Symbols, stories, slogan, heroes and ceremony is included in Internal environment as well


How Environment affects business activities?

Environment is affected by business

Related Questions

Which environment is not an important dimension of a business organization's external environment?

the corporate cultural environment


Which environment is not an important dimension of a business organization's external environmetn?

the corporate cultural environment


What of the forces of the business environment involves the rivalry among businesses for customers and profits?

The competitive dimension


What is the effects of changing business environment on organization effectiveness?

Poor grammar.


Practical problems firms face due to the changing business environment with regards to reward policies?

What are the practical and theoretical problems firms face due to the changing business environment with reguards to reward policies


What does flexibily of operation in business mean?

It means that the business can react to situations and oppurtunities by changing how it operates to better fit the new environment.


How a business organization has responded to changes in the business environment?

A business organisation responds to changing business environment by strategic alliance,mergers,brand building,restructuring,modernisation,expansion in its vulnerabilty within the dimensions of the social,political,economic,technological,legal environment by SWOT analysis.(strength,weakness,opportunities ,threats) of all levels & components of the business environment.


In the changing business environment is customer focus the main issue?

Yes- if you are in the market economy based country.


What can business do to stay on top with the ever changing technology environment?

Hire an outstanding IT guy -system administrator


How is the environment changing petroleum?

The environment is not changing petroleum.


Challenges of business environment?

The business environment faces many challenges. Technology is one challenge because it is rapidly changing and businesses need to stay up-to-date. Another challenge for the business environment is the direct impact of the overall economy like interest rates and international markets.


What are the systems of dimensions?

information presented to the management is estimated to have its dimension in terms of cost, business and technical issues involved. various dimension of information system(MIS) are- 1) economic dimension. (a) cost of information, (b) value of information, 2) business dimension. 3) technical dimension.