BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Internal Environment: It includes all the factors that are well within the control of a company. These factors are relatively predictable and can be worked on by the company to eliminate forces that negatively impact its operations. External Environment: It includes factors that exist outside the company’s control.

Detailed explanation-2: -External factors include political, economic, sociocultural, technological, environmental, and legal factors. These are factors that happen outside of the company but still, impact its ability to do business. Internal factors include culture changes, management changes, and employee morale.

Detailed explanation-3: -Definition of an External Environment The external environment can be broken down into two types: the micro environment and the macro environment.

Detailed explanation-4: -Internal environment or micro environment is specific and has a direct impact on the business. Meanwhile, the external environment, which is known as a macro environment, has no direct impact on a particular business, but it has an impact on all business groups.