Business environment means all of the internal and external factors that affect how the company functions including employees, customers, management, supply and demand.There are various factors that are included in internal and external environment.
2. BUSINESS ENVIRONMENT
Business environment means all of the
internal and external factors that affect how
the company functions including employees,
customers, management, supply and
demand.There are various factors that are
included in internal and external environment.
3. TYPES OF BUSINESS ENVIRONMENT
There are two types of business Environment
Business Environment
Internal
Environment
External
Environment
7. HUMAN RESOURCE
The characteristic of Human
Resource is the
skill,ability,quality and
commitment of the
Employee.
Human Resource contribute
to the strength and weakness
to the organisation.
If a person in the super
market does not satisfy our
wants we will not have the
mind set to go to the super
market again.
8. MANAGEMENT
Managing the whole super
market set up is an important
task.
All hands should come
together to form a perfect
management.
In an supermarket from the
manager till the worker all
should have enough ability to
mange the supermarket or
else it will lead to loss in
customers.
9. ORGANISATIONAL CULTURE
Each organisation has
each style of culture it can
be the dress code etc.
So super markets
emphasise of wearing
uniforms so that the
organisation is properly
maintained.
Its helps the supermarket
to look perfect and neat.
10. EXTERNAL ENVIRONMENT
The external environment of an
organisation are those factors outside the
company that affect the company's ability
to function
Climate
Technology
Political
11. CLIMATE
Climate is a natural
factor that can affect the
environment in any time.
Due to Earthquake the
whole supermarket
would have become un
arranged.
So it would affect the
sale of the super market
for few days.
12. TECHNOLOGY
Technology is known as the
systematic application
change.
Technology is not constant it
keeps on changing.
In a super market various
technologies are being
used.Change in billing
systems will lead to a
necessity in the change
particular device.
13. POLITICAL
The political environment is
the government and its
policies.
Often change in government
leads to change in policies
this affects the business.
In a super market change in
government lead to change in
policies and it also leads to
change in the product. so
there are high chance of
affects.
14. CONCLUSION
So by this we are able to know the various
types of business environment.
We are able to know the various factors
involved in internal and external environment
By this we have explained you few factors of
business environment with the example of
super market.