Explain what you understand by the term internal environment, Business Management

Assignment Help:

Question :

Many business people tend to forget the importance of the internal environment for the success of their organisation. They rather give more importance to the impact of the external environment. It is usually advisable to give both aspects of the business environment equal importance when trying to analyse business environment.

(a) From the above statement, explain what you understand by the term internal environment of an organisation.

(b) Describe the external environment using as justification an organization of your choice and explain how managers can reduce the influence of the specific external environment on their organisation?


Related Discussions:- Explain what you understand by the term internal environment

Elements of just in time manugacturing, Components/Elements of JIT JIT m...

Components/Elements of JIT JIT manufacturing consists of several components or elements which must be integrated together to function in harmony for its successful implementatio

Who is an entrepreneur, Who is an entrepreneur? An entrepreneur is a pe...

Who is an entrepreneur? An entrepreneur is a person who is capable to express and carry out the urge; skill, innovative and motivation capability to establish a business or ind

What are the various stages of the decision making process, What are the va...

What are the various stages of the decision making process? Decision Making Process: A good decision can merely be made as a result of a rational decision making process.

Quantity of labour required , A decision must be made by managers and human...

A decision must be made by managers and human resource departments concerning the quantity of labour required before recruitment or layoffs will occur. What factors will impact on

Business ethics, what is utilitarianism and what are its benefit in busines...

what is utilitarianism and what are its benefit in business

Explain the different instruments of monetary policies, Question 1 Write a...

Question 1 Write a note on the following Socialistic economy Capitalistic economy Question 2 Explain the different instruments of Monetary Policies Question

Comprehensive agenda for the participants of the meeting, Imagine that you ...

Imagine that you are the Chairperson of the Board of Studies of the Department of Management & Commerce of Sikkim Manipal University Department of Distance Education.  You have bee

Time management wizard, Problem Organisations and individuals could der...

Problem Organisations and individuals could derive great benefits from an all-in-one Time Management Wizard. Although there exist various tools such as Calendars and Timesheets

Determine the inter-arrival time distribution, The events of 9/11 and the s...

The events of 9/11 and the subsequent implementation of a number of unilateral and joint border security policies have resulted in an increase in cost of cross border trade between

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd