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Business environment

Business environment

A business environment can be identified as the combination of both external and internal factors that have an effect on the company's operations. Factors found in the business environment will include the suppliers, clients, owner, and its competition. The company's operation will also be affected by the government's policies and the laws that affect any business operation.

The internal environment can be defined as the conditions and factors found within the organization that have an effect on the behavior of the employees. This factors that can be identified with the internal environment will include the leadership styles, the organization culture and the organization mission statement.

The external environment can be defied as the...