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Internal and External factors

   

Added on  2022-12-29

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The internal and external factor are those that has
direct impact over the business productivity and
performance through which business credibility is
advanced in better mode. The report below is based
on Debenhams that is a multinational retailer in UK
that has also operate in departmental stores. The
report includes external and internal factors effect
business and its way that impact on external
environment.
Conclusion
It has been concluded from above report that business
make adequate consideration of both internal as well as
external factor under which working performance and
its productiveness is processed on regular basis.
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.
Qomariyah, A., 2019. The influences of internal and
external factors in auditor choice: a literature
study. Asia-Pacific Journal of Accounting &
Economics. 26(1-2). pp.124-130.
The internal and external factors have direct impact
on business performance and it is as briefly
explained below as:
Mission: It is an internal aspect through
which ability of a business to attain standardized
goals and target is achieved with perfection and in
timely frame.
Technological factor: It is a factor that is dependent
over advancement of technology that is also
processed in relation to innovation. It is required to
implement adequate change in better way so that
working is advanced with adequateness.
Debenhams make suitable usage of different ways as that
has direct impact over the external environment of
business and it is as described below as:
Political: It is dependent over suitable influence
as with this business has to follow various
political aspect in order to manage its trading.
Social: In relation to this business make
adequate usage of various aspect in which
customer need and its demand is fulfilled in
timely frame.

INTERNAL AND EXTERNAL FACTORS
Internal and external effect on business
factorseff
Internal and External factors_1

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