Internal factors that influence the business environment include businesses that believe in innovation. External factors that influence the business environment include government regulations.
economic environment
effect of macro environment on milk producing company. effect of macro environment on milk producing company. Wow, talk about idiots. Worst answer I ever heard WELL ITS NOT MY FAULT YOUR MUM GAVE BIRTH TO ME
what is macro environment? what is effect of macro environment on cellular device?
External and internal environment directly effects the decision making of the manager. Let's understand it with the help of an example. Xyz company manager has arrived at office during snow in London. Due to heavy snowfall (External Environment) staff or subordinates of managers have not reached the home. Manager has to discuss some urgent business deals with his staff. This is the way how managers are affected by external environment factors.
Examples of how socio-cultural factors effect a business environment
Size of the company what effect?
The internal environment consists of the trends and events within an organization that effect the management, employees and organizational culture. Internal environments are important because they effect what people think, feeland do at work.
The state of the current economy and how much the company owes in liabilities are factors that contribute to the size of the investments in the current assets. Additionally, the company's risk factors affects their investments.
internal environment includes things, situations and events that occur in the organization which effect the business in a positive or negative way. external environment includes things, situations and events that occur outside the organization, basically not in control by the organization,but effect the organization in a positive or negative way.
Micro-climatic factors involve things in the environment that have an effect on climate. Turbulence, humidity, tundra's, and frost are all micro-climatic factors.
The differences between internal and external environment is: Internal environment involve within the organization, which are the employee attitudes,new equipment,strategy,work forces. The organization has the control of these matters because it happen within the organization unless like external environment. AND for the external environment,is clearly stated with the word external itself which means outside of the organizations which effect the changes in the organization which the organization does not have the control of it. External environment are involved by the PESTLE- Politic, Economy, Social, Technology, Legal and Environment.
Humans and all other living organisms called biotic factors effect environment .