business environment and its structure
TRANSCRIPT
SUBMITTED BY :
Deepak
MBA 1st
Roll No. = 6
• Introduction of Business Environment
•Types of Environment
• External Environment Factor
• Internal Environment Factor
Business environment is the sum total of all external and internal factors that influence a business. You should keep in mind that external factors and internal factors can influence each other and work together to affect a business
External Environment : conditions , entities , events and factors surrounding an organization that influence its activities and choice , and determine its opportunities and risk. Also called external environment.
Internal Environment : in multicellular organisms , the aqueous environment that is outside the sells but inside the body.
External Environment
MICRO MACRO
customer economical
prospective investor Political
competitors Technological
suppliers Social
management Legal
Employees Demographic
“the immediate small-scale environment of an organism or a part of an organism, especially as a distinct part of a large environment.”
“ the environment external to a business, including technological, economic , natural , and regulatory forces that marketing efforts can not control.”
MACRO ENVIRONMENT
Economic
Non Economic
Economic Problems
Functioning of Economy
Economic stages that exists at a given time in a country
Economic planning , such as five year plan , budget, etc.
Economic policies e.g., monetary policy
Regulatory Environment
Socio-Cultural Environment
Demographic Environment
Technological Environment
Political Environment
Regulatory Environment
. Constitutional Framework
. Policies relating to pricing and foreign investment
. Policies related to the public sector
Socio- Cultural Environment
. Social Customs & Rituals and practices
. Lifestyle patterns
. Family Structure
. Role & Position of men , women , children and aged in family & society.
Demographic Environment
. Growth of population
. Age Composition
. Life Expectancy
. Sex Raito
. Inter-state Migration
Technological Environment
. Sources of technology
. Technological development
. Impact of technology
Political Environment
. Political parties in power
. Political Philosophy