BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -An organization’s internal environment is composed of the elements within the organization, including current employees, management, and especially corporate culture, which defines employee behavior.

Detailed explanation-2: -The internal environment of business refers to all the factors or forces that have a more direct impact on the daily activities of the company. The main factors in the internal environment are: customers, suppliers, competitors, shareholders, financial institutions, and employees.

Detailed explanation-3: -Employees are an important part of the internal environment of an organization. Managers must be able to manage lower-level employees and, at the same time, supervise the other factors of the internal environment.

Detailed explanation-4: -The internal environment consists of members of the firm itself, investors in the firm, and the assets a firm has. Employees and managers are good examples; they are firm members who have skills and knowledge that are valuable assets to their firms.

Detailed explanation-5: -Internal factors include values, mission/objectives, organizational structure, culture and management style, Human Resources, labor unions, and physical and technological resources.