This report sheds light on the concept of the internal and external environments in which a particular business organization operates. It analyzes the internal and external environment of Hungry Jacks, an Australian fast food franchise of Burger King Corporation. The report lists the risks which the company faces on the score of the internal and the external environments in which it operates. Finally, the report concludes by providing some recommendations which the company can follow for the mitigation of the risks which it faces at the moment.