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What Is Meant by Business Environment?r at BYJU'S
What Is Meant by Business Environment?r at BYJU'S
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Business environment refers to the sum total of all people, organisations and other forces that are outside the power of industry but that may affect its production.
In other words, it can also be referred to as the aggregate of internal and external forces, or factors and institutions that are beyond the control of a business but are responsible for the functioning of a business.
Stay tuned to BYJU’S for more such questions and answers on various commerce topics.
Business environment refers to the sum total of all people, organisations and other forces that are outside the power of industry but that may affect its production.
In other words, it can also be referred to as the aggregate of internal and external forces, or factors and institutions that are beyond the control of a business but are responsible for the functioning of a business.
Stay tuned to BYJU’S for more such questions and answers on various commerce topics.
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