Business in Practice: External and Internal Factors on Unilever

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Added on  2023/06/18

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AI Summary
This report provides a comprehensive analysis of the external and internal factors that influence Unilever's business operations and market performance. It emphasizes the significance of understanding these factors for maintaining sustainability and generating profits in a competitive marketplace. The report highlights that both external conditions, which are beyond the company's direct control, and internal aspects significantly affect business decisions and stakeholder actions. By identifying and regularly assessing these factors, Unilever can implement effective strategies to enhance its market efficiency and overall business environment. The study also references various articles that explore the impact of both internal and external factors on business performance.
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Introduction
External aspects are considered to be those aspects that
influences conditions as well as other circumstances which
are carried in a business that cannot control along with it
affects business surrounding along with its decision which
are taken by business owners as well as stakeholders
Business in Practice
External factorsHow external as well as internal
factors which effects Unilever.
As external as well as internal factors both could create an effect
on specific business on a strong way. So it becomes essential for
companies for determining them on constant basis so that a
proper accurate measures and ways could be implemented in
company for maintaining their sustainability in marketplace in
order to generate profits.
References
Ahmet, O.N.A.Y., 2021. Factors affecting the internal
audit effectiveness: A research of the Turkish private
sector organizations. Ege Academic Review .21 (1).
pp.1-15.
Ali, R.A., 2021. EXTERNAL FACTORS THAT
EFFECT THE BANKING PERFORMANCE: A
COMPARISON OF INTERNAL AND EXTERNAL
FACTORS OF COMMERCIAL BANKS IN
PAKISTAN. PalArch's Journal of Archaeology of
Egypt/Egyptology .18 (08). pp.1928-1945.
Overview of Unilever
Unilever is a British multinational customer product
company that deals in selling out food, ice cream, minerals,
wellbeing vitamins as well as supplements.
Internal factors
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Understanding of description of
various manners in which
Unilever could impact on external
surroundings.
As there are different ways by which company could create
impact on their outside surroundings. As my performing out
their business practices as well as operations it is essential
for company to identify their different external surrounding
so that a systematic as well as positive impact could be
provided on business for increasing their external
environment of company in relation to their market place.
Business in Practice
Conclusion
It has been concluded from above report that external as well as
internal aspects altogether could affect performance of company
and its operations so it becomes essential for companies to
identify their aspects on regular time scale for maintaining their
efficiency in their market level.
References
Almashaqbeh, M., Islam, M.A. and Bakar, R., 2021,
May. Factors affecting share prices: A literature
revisit. In AIP Conference Proceedings (Vol. 2339,
No. 1, p. 020143). AIP Publishing LLC.
Ragil, A.A.P. and Kim, K.S.K.K.S., 2021. A Study of
Factors Affecting the Performance of Micro, Small,
Medium-sized Enterprises in Indonesia. Journal of
Social Science .2 (3). pp.235-247.
Uyen, T.T., 2021. A study of the factors affecting the
willingness to engage business-university
cooperation. Tạp chí Quản Kinh tế Quốc tế
(Journal of International Economics and
Management) .21 (01). pp.108-122.
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