Internal and external factors Impact of external face

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The internal and external factors of business have direct
impact over the productivity and performance credibility of
the business as with this working efficiency and its
effectiveness is processed in effective manner. The report
below is based on Marks and Spencer that is a multinational
retailer within UK and having specialisation in food and
home products, selling clothes that is mostly own label. The
report below consists external and internal factors that affect
working possibilities and different ways that has direct impact
on business environment.
 Political: It refers to extend that has direct influence over
economy and political basis that is required to get
followed by business and usually consist of political
stability, trade and tax policy and policy.
 Social: It is a way that is dependent over socio-cultural
market and its environment as within this customer need
and demand get determine with adequateness. It has
direct impact over fulfillment of business need and
requirements as per matching to adequate trends and
changes by which profitable ratio also get enhanced in
collective mode.
CONCLUSION
It has been concluded from above report that internal as
well as external factors has direct impact over the working
standards as with this ability of a business to achieve long term
sustainability and goals is accomplished in effective manner. It
also has direct impact over the business performance and
productiveness that is managed by the business with support of
different ways under which success and growth is achieved with
perfection.
Internal and external factors assist the business to design and
develop suitable strategies along with this working standards
get advanced within the stipulated period of instance.
Internal factors: These are those has developed and direct
within an organization and as briefly explained below as:
 Mission: It reflect the working possibilities as
organization get worked according to the
fundamental functions as it directly extends towards
accomplishment of standardized objectives.
 Leadership: It is a quality that is required inspire other
employee through which working standards get
analyzed and improvised in effective mode. It also be
related to communication and its achievement as with
this retain and attraction of employee get advanced.
External factors: These are those factors that has direct impact
over business performance but as from outside the business and
as illustrate below as:
 Economic situation: It is a basis that reflect success as
it contributes towards purchasing power of customers
as the fluctuation rate of economy affects consequent
profit generation of business.
 Technological factors: It is factor that usually based
on technological advancement that is induced under
which working possibilities is enhanced in productive
manner.
The internal and external factor of the business has direct
impact over productivity that directly respect towards
successful implication of roles and responsibility. In this
different ways can impact over external environment and it is
as explained below as:
Internal and external factors
INTRODUCTION Impact of external factors