Find accurate and reliable answers to your questions on IDNLearn.com. Get accurate and timely answers to your queries from our extensive network of experienced professionals.
Can a business use multiple business environments or just one?
(Please help QUICK! 20 points, please try your best, not just try to get the points)
The business environment consists of the surrounding factors that either help or hinder the development of businesses
1) The economic and legal environment
2) The technological environment
3) The competitive environment
4) The social environment
5) The global business environment
The Economic and Legal Environment
-Freedom of ownership
-contract laws
-elimination of corruption
-tradable currency
-minimum taxes and regulation
The Technological Environment*
-information technology
-databases
-bar codes
-the internet
The Competitive Environment*
-customer service
-stakeholder recognition
-employee service
-concern for the environment
The Social Environment*
-diversity
-demographic changes
-family changes
The Global Business Environment
-Global competition
-free trade
-the quality imperative
Sagot :
Thank you for contributing to our discussion. Don't forget to check back for new answers. Keep asking, answering, and sharing useful information. Discover the answers you need at IDNLearn.com. Thank you for visiting, and we hope to see you again for more solutions.
