Question

Instructions Give me some examples of external environmental factors that are impacting business in BC currentibu

Answer 1

Examples―

(1) Research and development contributes to the product's performance, and the accounting approves the finances of the marketing plan and budget to the satisfaction of the customer. Market managers need to monitor the availability of supplies and other trends associated with suppliers to ensure that products are delivered to customers in the required time to maintain strong customer relationships. These internal factors can be controlled by the organization to some degree.

(2)
The financial public can hinder a company's ability to obtain funds, which affects the level of credit that a company has. The media community includes newspapers and magazines that can publish compelling articles for companies and editorial material that can influence customer feedback. The public can harm the company by passing laws and regulations that restrict the company's activities. Public activities for citizens include environmental groups and ethnic groups and can inquire and consider company activities. Local communities are neighborhood and public organizations and will question the impact of companies on local areas and the level of responsibility for their activities. People can influence a company while changing their attitude, whether positive or negative, can lead to an increase or decrease in sales because the general public is often the company's customers. Finally, those who work in the company and deal with the design and construction of the company's products.