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explain one factor that determines the culture of business
Business, now-a-days is vitally affected by the economic, social, legal, technological and political factors. These factors collectively form business environment. [ [ Business environment, as such, is the total of all external forces, which affect the organisation and operations of business. The environment of an organisation has got internal, operational and general lives managers must be aware of these three environmental levels and their relationship and importance. The term 'business environment implies those external forces, factors and institutions that are beyond the control of
individual business organisations and their management and affect the business enterprise. It implies all external forces within which a business enterprise operates. Business environment influence the functioning of the business system. ]
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Expert answered|selymi|Points 8982|
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Asked 10/7/2012 9:38:28 AM
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