conduct a General Environmental Analysis for the long-term health care industry in the usa

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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conduct a General Environmental Analysis for the long-term health care industry in the usa

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Step 1 Introduction

Note: As per the guidelines, personal opinions are not provided. However, we will provide the solution in a generalized manner. 

General environment can be defined as the combination of those forces that can affect the functioning of the organization and these forces are difficult to control and it is complex to comprehend these forces. These factors play an important role in the survival and growth of the organizations. It is important for the managers to take into consideration the effects of these factors and then devise plans and strategies accordingly. There are a variety of tools such as PESTEL analysis that aids in the understanding of these factors. Thus, business should consider the general environment and then take the necessary actions. 

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