Business Environment - 1976 Words
(1)What is a Business Environment?
Answer
A Business Environment is the physical and operational factors, both internal and external, that affect the flow of activities in a business. They include; customers, competitors, suppliers, distributors, industry trends, substitutes, regulations, government activities, the economy, demographics, social and cultural factors, innovations and technological developments.
(2)What Are the Types of External Business Environments?
Answer
There are many...
1,976 Words | 8 Pages