BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS ENVIRONMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Internal business environment
A
customers
B
competitors
C
organizational structure
D
friends
Explanation: 

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. Although some elements affect the organization as a whole, others affect only the manager.

Detailed explanation-2: -Organisational structure As part of this important internal factor, companies define the roles and responsibilities of their employees. There are various types of organisational structures that companies can choose to implement, including a hierarchical or matrix organisational structure.

Detailed explanation-3: -The internal environment consists of the organization’s owners, board of directors, employees, physical environment, and culture. Owners are those who have property rights claims on the organization. The board of directors, elected by stockholders, is responsible for overseeing a firm’s top managers.

Detailed explanation-4: -Internal organization defines who makes which decisions, who controls which information, and whose goals are or are not aligned with the objectives of the firm.

There is 1 question to complete.