Business and the Business Environment

BUSINESS AND THE BUSINESS
ENVIRONMENT

INTRODUCTION
In this era, business environment impacts a lot in
the operation procedure. Business environment
could be defined as the total number of factors that
impacts in the business procedures. Those factors
could be classified as external or internal. These
factors work with each other in order to effect the
international business environment.

DIFFERENT TYPES OF
ORGANIZATION
• Private sectors are not
operated or controlled by
government of a country.
• As stated by Cull et al.
(2015), public sectors are in
total control of a
government and are
considered as nonprofit
organizations.
• Voluntary sectors focus in
charity and helping people.
(Source: http://ocean.happeningmag.com/local-
business-organizations-invite-events-2014)

GROWTH OF INTERNATIONAL
BUSINESS ENVIRONMENT
• The environmental changes has
affected in the growth of the
business in recent years.
• Seeking of new markets to
expand the business, surviving in
core competencies have impacted
in the international business
environment.
• Better opportunities in global
market and increasing demand of
the customers are the main
reasons of this growth
(Kljucnikov et al. 2016).
(Source: https://the-happy-manager.com/articles/the-
business-industry-environment/)