Question

What are the 2 dimensions of a business environment?

Answer 1

Following are two sorts of business climate:

• External Business Environment: The outer environment is moderately watched against the inner business environment. It is made up of different associations, establishments, and different forces which work outside the ability to control the association.

• Internal Business Environment: The inside business environment incorporates physical resources, human, monetary, and advertising resources, technological backings, the board of management, and so on.

Also see:

• Importance of Business Environment
• MCQs on Business Environment
• Dimensions of Business Environment

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