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BUSINESS ENVIRONMENT
Business Environment mainly refers to external forces that impact business. Such forces include political-legal ,technological ,cultural ,economic and physical.

Factors under External Environment
All the factors that provides opportunities or pose threats to an organization make up its external environment.
• DEMOGRAPHIC ENVIRONMENT
• SOCIAL ENVIRONMENT
• CULTURAL ENVIRONMENT
• POLITICAL ENVIRONMENT
• ECONOMIC ENVIRONMENT
• FINANCIAL ENVIRONMENT
• TRADE ENVIRONMENT
• TECHNOLOGICAL ENVIRONMENT
• LEGAL ENVIRONMENT
• REGULATORY ENVIRONMENT
• TAX ENVIRONMENT
• ETHICAL ENVIRONMENT

External environment consists of 1. Micro Environment 2. Macro Environment

1. Micro Environment
• Micro environment is called as the task environment and operating environment.
• Micro environment forces have a direct bearing of the operation of the firm.
• These factors are present in companies environment and affect on the performance of......

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Approximate Word Count: 1984
Approximate Pages: 8 (250 words per double-spaced page)