These are the factors within the organisation that you have control over such as suppliers, staff etc
Briefly describe any FIVE (5) changes in the social environment that can affect the operation of an organisation. Briefly describe any FIVE (5) changes in the social environment that can affect the operation of an organisation.
There are a number of social factors that affect business in any environment. Some of the common factors include age, education level, income and culture among others.
economic environment ..social environment and political environment
Business environment encompasses all those factors that affect a company's operations, and includes customers, competitors, stakeholders, suppliers, industry trends, regulations, other government activities, social and economic factors and technological developments. by s dot w
protests
TechnologylLgal issuesGlobal EnvironmentEconomic FactorsCultural and Social Environment
Andrew Broadbent
A business does not function in a vacuum. It has to act and react to what happens outside the factory and office walls. These factors that happen outside the business are known as external factors or influences. These will affect the main internal functions of the business and possibly the objectives of the business and its strategies.
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.
The external business environment are the things outside of an organization that affect the functionality of the business. Some examples of the external business environment include customers, economy, government and public opinion.
A business environment are the internal and external factors that affect a business. Its elements include society, technology, regulations, economy and politics.
Internal component of business enviorment consists of Resourses, Capabilities, Core Competencies and Strategic competitiveness withing any organisation.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