Factors

The different environmental f telephone numberors that affect the bank line target be broadly categorized as internal ands has its induce away factors. INTERNAL FACTORS : Internal factors argon those factors which exist in spite of appearance the premise of an brass section and directly affects the different operations carried step to the fore in a business. These internal factors are : A. VALUE remains : It implies the floriculture and norms of the business. In other words, it means the regulatory fashion model of a business and every member of the organization has to act within the limits of this framework. B. MISSIONS AND OBJECTIVES : Different priorities, policies and philosophies of a business is guided by the commission and objectives of a business. C. FINANCIAL FACTORS : Financial factors like monetary policies, financial position and capital structure also affects a business performance and its strategies. D. INTERNAL RELATIONSHIP : Factors like the he art and soul of gage the top management enjoys from its shareholders, employees and the board of directors also affects the matted surgery of a business. The EXTERNAL FACTORS include all those factors which exists foreign the cockeyed and are often regarded as uncontrollable.. These external forces coffin nail encourage be categorized as MICRO purlieu and macro instruction purlieu.

MICRO ENVIRONMENT includes the following factors. 1.SUPPLIERS : Suppliers are those people who are responsible for supplying necessary inputs to the organization and ensure the smooth flow of production. 2.COMPE TITORS : Competitors can be called the mak! e full rivals and in methodicalness to survive the competition one has to upkeep a close look in the market and educate its policies and strategies as much(prenominal) to face the competition. 3.MARKETING INTERMEDIARIES : Marketing intermediaries aid the company in promoting, selling and distribution of the goods and services to its final users. Therefore, marketing intermediaries are snappy link between the business and the consumers. MACRO ENVIRONMENT includes...If you exigency to get a full essay, order it on our website: OrderCustomPaper.com

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