Business

BUSINESS AND BUSINESS
ENVIRONMENT

Introduction
• The business and business environment
means the external and internal factors that
might affect the entire functioning of the firm.
It includes the management, employee,
customers, business regulation, supply and
demand.

Analysis on internal and external on the
specific organizations to enhance the
weakness and strength
• Provides the capital
• Organizational functions

Discuss the strength and weakness of
external macro factors
• Achieve the set goals
• Use of resources

Applying of SWOT to justify the decision-
making
• Strength
• Weakness
• Opportunity
• Threats

Impacts arise from both micro and macro
factors on developing the objectives and
decision making for business

Conclusion
• It has been concluded that the business and
business environments provide the positive
and negative impacts at the time of carrying
out of business. There includes both micro
and macro environmental factors to
determine the internal as well as external
factors

References
• Belás, J., Bartos, P., Habánik, J. and Novák, P.,
2014. Significant attributes of the business
environment in small and meduim-sized
enterprises. Economics & Sociology, 7(3), p.22.
• Boons, F. and Lüdeke-Freund, F., 2013.
Business models for sustainable innovation:
state-of-the-art and steps towards a research
agenda. Journal of Cleaner Production, 45,
pp.9-19.