GK
BUSINESS MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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External
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Internal
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Macro
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Operating
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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: -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.
Detailed explanation-4: -Internal factors include values, mission/objectives, organizational structure, culture and management style, Human Resources, labor unions, and physical and technological resources.
Detailed explanation-5: -Value system. Vision, mission and objectives. Organisational structure. Corporate culture. Management style. Human resources. Labour unions. Physical and technological resources. 11-Jul-2022