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Explain in detail internal and external factors affecting business environment?

internal and external factors in the organizational environment


What are the political environmental factors affecting international business?

mainly there are 2 types of factors affecting international business. 1) internal factors 2) external factors 1) internal factors:- internal factors of international business includes political parties,suppliers,buyers,competitors and consumer of respective country. 2) external factors:- external factors of international business are those where you need to examine the whole crietari these are political environment,legal environment,socio-cultural environment,demographic conditions of respective country.


What are the internal and external factors that affect pricing?

Internal factors affecting pricing include production costs, company objectives, marketing strategies, and overall financial goals. External factors encompass market demand, competition, economic conditions, and regulatory influences. These elements interact to shape a company's pricing strategy, ensuring it aligns with both internal capabilities and external market realities. Balancing these factors is crucial for achieving profitability and market competitiveness.


What are the internal and external factors in business environment?

Some internal factors that impact the business environment include competitors and business resources. External factors that affect the business environment barriers to entry and government regulations.


What are the internal and external factors affecting development of policies procedures and practices in industrial relations?

Internal factors affecting the development of policies, procedures, and practices in industrial relations include organizational culture, management style, and employee relations dynamics, which shape how issues are approached and resolved. External factors encompass legal frameworks, economic conditions, and social trends, which influence regulatory requirements and stakeholder expectations. Additionally, industry standards and competitive pressures can drive organizations to adapt their policies to remain relevant and compliant. Together, these factors create a complex environment that organizations must navigate to establish effective industrial relations strategies.

Related Questions

Explain in detail internal and external factors affecting business environment?

internal and external factors in the organizational environment


What is the difference between internal and external factors?

In any Company there are Internal Factors affecting the company and External Factors affecting the company. Internal Factors are Management Descisions on what sort of business the company is in, quality of services or stock sold by the company. External Factors affecting the company include the Global Financial Crisis, government policies, and central bank interest rates.


What are the factors that impact recruitment in organizations?

The recruitment function of the organisations is affected and governed by a mix of various internal and external forces. The internal forces or factors are the factors that can be controlled by the organisation. And the external factors are those factors which cannot be controlled by the organisation. The internal and external forces affecting recruitment function of an organisation are:FACTORS AFFECTING RECRUITMENT


List and Evaluate internal and external factors affecting staffing?

globalization,technology,E-Business and SWOT


What are the internal and external factors affecting business expansion?

internalproductionhuman resourcesmarketingavalible financeexternalcompeitiosstate of the market - growth/decline


What are the political environmental factors affecting international business?

mainly there are 2 types of factors affecting international business. 1) internal factors 2) external factors 1) internal factors:- internal factors of international business includes political parties,suppliers,buyers,competitors and consumer of respective country. 2) external factors:- external factors of international business are those where you need to examine the whole crietari these are political environment,legal environment,socio-cultural environment,demographic conditions of respective country.


What are the internal and external factors for pricing?

There are internal and external factors for pricing. The internal factors include the manufacturing or purchasing costs while external factors depend on the demand of a product.


Internal and external factors that influence the hotel business in Malaysia?

what are the internal and external of a hotel


What are the external and internal factors affecting the Human Resource Planning?

external factors affecting Human Resource Planning - government legislation -job mobility factors -population shifts -economic cycles and condition -geographical concerns -educational levels of workers -technological changes -changes in social views -political changes -international events


What are the internal and external factors that affect pricing?

Internal factors affecting pricing include production costs, company objectives, marketing strategies, and overall financial goals. External factors encompass market demand, competition, economic conditions, and regulatory influences. These elements interact to shape a company's pricing strategy, ensuring it aligns with both internal capabilities and external market realities. Balancing these factors is crucial for achieving profitability and market competitiveness.


How disease could start?

Disease can start from different factors that influence our internal balance. These can be things from external influences or internal factors. External influences can be pathogens and internal factors can be genetics.


What are the Internal and external factors affecting dell?

Internal factors affecting Dell include its organizational structure, company culture, and supply chain management, which influence operational efficiency and product innovation. Externally, factors such as market competition, economic conditions, and technological advancements shape Dell's strategic decisions and customer demand. Additionally, regulatory changes and global trade policies can impact its international operations and profitability. Overall, Dell must navigate these internal and external factors to maintain its competitive edge in the technology market.