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Business and Business Environment

   

Added on  2023-02-02

14 Pages906 Words60 ViewsType: 60
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Business and
Business
Environment
Business and Business Environment_1

INTRODUCTION
• Business environment is an aggregate of all conditions, events and influences that are
surrounded and affect business.
• It basically determines types of business that it will be successful within emerging environment.
It means that how all internal and external factors affect a particular organization in functioning,
performance and decision making of a business.
• Such as functioning of different departments, employees, customer, management, supply and
demand and business regulation.
Business and Business Environment_2

INTRODUCTION
• Mental health refers to condition of an individual in which they remain,
emotionally, psychologically and socially well being as it impacts on their ability
to think, feel as well as take action.
Business and Business Environment_3

MACRO ENVIRONMENT
• A PESTLE analysis is an acronym for a tool used by an
organization to identify, analyze and monitor the macro
environmental factors that have impact on an organization.
• It is a strategical tool or framework for understanding
external influences on business. Mark & Spencer has
implemented this to know their positive and negative
impact on their business.
Business and Business Environment_4

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