BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -The external environment is composed of general and task environment layers.

Detailed explanation-2: -External environmental factors are the factors outside the organization that influence the business. These often include the social and cultural, natural environment, political, legal, technological, and economic factors.

Detailed explanation-3: -In general, there are three major parts of external environment in business includes the general environment, the industrial environment and the competitor’s environment.