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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.

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What are the internal and external factor that affect hair salon business?

There are several internal and external factors that affect a hair salon business. Internal factors include the way the staff gets along with each other as well as customers. External factors consist of the location of the salon as well as the advertising put out in the community to generate business.


What are the risk external and internal factors?

Risk factors can be categorized into external and internal types. External factors include environmental influences such as economic conditions, regulatory changes, competition, and market trends, which can impact an organization from outside. Internal factors are related to the organization's operations, such as management practices, employee performance, organizational culture, and resource allocation. Both types of factors can significantly affect an entity's risk profile and overall performance.


Explain the external environmental factors that affect the financial services industry?

The external environmental factors that affect the financial services industry include organizational direction, internal factors, and external competition. The socio-economics of a society also affects the financial services industry.


What is the nature and structure of business environment?

The business environment is the combination of internal and external factors that influence its operation. The structure of the business environment is dependent on the specific type of business.


What is external factors affecting pricing?

Mostly competitor external prices affect pricing.

Related Questions

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.


What is the difference between internal and external forces in the context of organizational change?

Internal forces refer to factors within an organization that drive change, such as leadership decisions or employee morale. External forces are factors outside the organization, like market trends or government regulations, that influence change.


Explain in detail internal and external factors affecting business environment?

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What the difference between internal factors and external factors in swot?

Internal factors in SWOT analysis refer to strengths and weaknesses that are within the control of the organization, such as resources, capabilities, and structure. External factors, on the other hand, refer to opportunities and threats that exist outside the organization and are influenced by factors like competition, market trends, and regulatory environment.


What is the difference between external and internal forces and how do they impact the dynamics of a system?

External forces are factors that come from outside a system, such as environmental conditions or societal influences. Internal forces, on the other hand, originate within the system itself, like individual beliefs or organizational structures. These forces can impact the dynamics of a system by either driving change or maintaining stability. External forces may introduce new challenges or opportunities, while internal forces can shape how the system responds to these external factors. Overall, the interaction between external and internal forces can influence the behavior and evolution of a system.


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

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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 is internal and external factors of derg?

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What are the internal and external factors that affect child development?

There are many internal and external factors that affect child development. One internal factor is the genetic makeup of the child.


What is the strength of a circular flow chart?

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What two general factors led to the fall of the empire?

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What is the difference between an external and internal skeleton?

The EXO-skeleton protects from OUTSIDE factors of danger,such as predators,weather,etc. While the ENDO-skeleton protects the organs of the animal..