how internal and external factors impact on the specific business

internal and external factors that impact a business or specific business

How internal and external
factors impact on the
specific business

Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
Internal and external factors that impact a business....................................................................1
CONCLUSION ...............................................................................................................................1
REFERENCES................................................................................................................................2

INTRODUCTION
The internal and external factors are those that has direct impact over the working
standards and its processing of the business as with this ability to manage and control work is
also get controlled in appropriate manner (Rahman and et. al., 2018). The following report is
based on different Debenhams that is a multinational retailer with having headquartered in UK.
The report include basis of internal and external factors and its impact on business.
MAIN BODY
Internal and external factors that impact a business
Internal and external factors has developed from business environment that thrive success
and growth of business in moderate basis. These are as explained below as:
Economy: It is an external factor that dependent over business survival through which
ability of a company to manage its credit control is processed as with this customer spending is
also controlled in balanced mode.
Employee and manager: It is an internal factor that has plays an essential role over the
working consequences of business (Gleim, Smith and Cronin Jr, 2019). As effective and skilled
employee get perform its work with more effectiveness and with this capability to achieve
standardised goals is achieved in timely basis.
Competition: Market competition is defined as external factor as with this business has
developed and designed different strategies so that they are able to manage its working
capabilities and its attractiveness with perfection.
CONCLUSION
It has been concluded from above report that both internal and external factor has direct
impact over the business production and for this organisation has imply different strategies as per
certain requirement of situation.
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REFERENCES
Books and Journals
Gleim, M.R., Smith, J.S. and Cronin Jr, J.J., 2019. Extending the institutional environment: the
impact of internal and external factors on the green behaviors of an individual. Journal
of Strategic Marketing. 27(6). pp.505-520.
Rahman, Z.A. and et. al., 2018. Internal and external factors of mental health disorders in a
healthy sustainable soul according to islamic psychotherapy in smart campus
perspective. International Journal of Civil Engineering and Technology. 9(13). pp.635-
644.
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