The Environment : The Major Factors To The Environment And Economic Development

EXTERNAL FACTORS External factors are those factors which are external to the business organization and cannot be controlled by the management. But in order to sustain in the industry and the market every firm has to manage these factors. The success of a strategic business unit depends on its ability to react timely to change in the external environment. A company having good organizational strategy will always alert to these external factors and will make measure to control them on time always

business environment On the basis of extent of intimacy with the firm, the environmental factors may be classified into different levels or types. There are broadly two types of environment, the internal environment, i.e. factors internal to the firm and the external environment i.e. factors external to the firm which have relevance to it. The internal factors are generally regarded as controllable factors because the company has control over these factors; it can alter or modify such factors as its

Business Environment BBA 1st year – 2012-13 Introduction  Business environment includes the ‘climate’ or set of conditions: economic, social, political or institutional which have a direct or indirect bearing on the functioning of business It signifies external forces, factors and institutions that are beyond the control of the business and they affect the functioning of a business enterprise.  Features  Business environment is the sum total of all factors internal & external

regional science help us understand? What are the three “building blocks” that underlie the complex patterns of location of economic activity? Should jobs move to people or should people move to jobs? Regional science is a sub field of social sciences that analyzes approaches to urban, rural, or regional problems. It involves the study of spatial patters to analyze the economic factors of a region. The study of regional science is necessary to improve the economy in today's competitive global market. This

1.7.1 INTERNAL ENVIRONMENT: It is defined as all the forces or conditions that are available within an environment that affects an organization and business. It is also known as controllable factors because business can control them. The internal environment deals with the management of resources like human resources, physical resources, technology, monetary resources and others that constitute the organization in order to implement or execute a strategy. Internal environment also includes culture

PESTLE Analysis: 1. Political factors: Construction Industry is affected by the political scenario in India to the extent the government intervenes in the economy. In order to boost the economy government spends on improving the infrastructure. This was evident in the budget of Fy2014-15 presented by the new Government headed by Mr. Narendre Modi. The highlight of the budget was the huge investment by the government in infrastructure and real estate to renew the lagging economy. Bilateral Agreements

a threat to the advertising industry because it contributes for the decrease in the traditional advertising and also facilitates the development of new advertising channels.  Shift in consumer behavior with the emergence of search companies becomes a threat to the traditional advertising companies.  As the environment keeps changing, the critical success factor of the advertising companies is creativity. Environmental analysis is important for developing a sustainable competitive advantage, identifying

by way of machinery and equipment, technical expertise and services), play vital role in the development of Nigeria (Agosin, 2000). Nigeria has an extreme shortage of long-term debt capital, as well as equity funds. Other financial instruments that could support private sector development, such as leasing, are underdeveloped (CBN, 1992). In a continent where finance is a major constraint on development, the private sector in Nigeria, in particular, the small and medium enterprises (SMEs) suffer

of people in the world. I believe tourism especially the nature bring not only economic value but also dangerous ecology for the countries especially for those which are not too strong for the point of view of industry and economic development, which are very attractive by their historical places. The present paper is devoted to the discussion of the environmental impacts of tourism. And. Contain discussion of economic benefits of tourism compared to the ecology.

Technological factor The rapid development of technology requires a fast reaction by the company in order to survive in an environment that is competitive and in line with the new trends and new innovative services that other competitors can offer. These factors may include both products and processes and can provide opportunities and threats. It is important to have a competitive advantage and a driver who succeed in a globalized world. The product is sold in a new format and a procedure for the