Internal and External factors Introduction Organizations
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Introduction Organizations survives and operates within the society, for the society and by the society members. The society is backed by the certain factors and forces of the environment so every company has to face and survive in the prevailing environment. The environment involves some factors which may be internal and external and creates some impact on the business operations and its success. Internal and External factors External Environment Externalenvironmentreferstothefactorswhich builds an impact on the performance of the business organizations from outside the walls of company. These factors affects the operations at a large scale that is macro level and is uncontrollable in nature by the business management. How the company impact its context External Environment Every business exists in the environment and of whose resources the companies uses in their operation's. Business and environment both are inter-related to each other and are inseparable too. Unlike the external environment creates an impact on business, business also creates an impact on environment. Internal Factors Internal factors of environment are those which born inside the boundaries of the company and impacts the business at a small scale that is micro level. The factors only effects the operations of business individually not to the industry as a whole. •Employees •Management References Darchen,S.,2020.Contextualandexternalfactorsenabling planninginnovationsinaregenerationcontext:theLyon Confluenceproject(France).InternationalPlanning Studies. 25(4). pp.340-354. Dvorsky, J., Sopkova, G. and Janoskova, M., 2017. Evaluation of thesocialenvironmentandaccesstofinancialresourcesfor business:casestudyoftheCzechandSlovak Republic.Ekonomicko-manazerske spektrum. 11(1). pp.62-73. HASBI, and et.all., 2020. Analyzing of External Environment Force and Islamic Business Ethics on Baitul Maal Wat Tamwil PerformancethroughOrganizationalCommitment.Journalof Applied Economic Sciences. 15(1). Holtskog,andet.all.,2018.Culture:InternalBusiness Contradictions.InLearningFactories(pp.83-101).Palgrave Macmillan, Cham.