BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Internal and external factors are the two types. Internal factors include the nature of the firm, its size, its structure, and the structure of its assets, among others. Economic conditions, tax policy, government regulation, capital structure, and financial markets are all examples of external factors.

Detailed explanation-2: -External Factors Influencing Financial Decision Making In addition to that, these affect the future possibilities of the business. The state of economy, the structure of capital and money markets, government regulations, and tax policy can be considered among the most important external factors.

Detailed explanation-3: -Personal circumstances that influence financial thinking include family structure, health, career choice, and age. Family structure and health affect income needs and risk tolerance. Career choice affects income and wealth or asset accumulation.

Detailed explanation-4: -These choices can be as varied as the acquisition of resources, financing and raising assets, everyday capital, and expenditure management.