27-01-2018, 12:57 PM
Business environment is the sum of all external and internal factors that affect business. You should keep in mind that external factors and internal factors can affect each other and work together to influence a business. For example, a health and safety rule is an external factor that affects the internal environment of business operations. In addition, some external factors are beyond your control. These factors are often called external obstacles. Take a look at some important environmental factors.