When we look at the external environment of a business, we must discuss the direct action and indirect actionenvironments. Using a local business in the Bahamas, provide a detailed example of a factor in the direct action environment that impacts the organization you chose.
When we look at the external environment of a business, we must discuss the direct action and indirect actionenvironments. Using a local business in the Bahamas, provide a detailed example of a factor in the direct action environment that impacts the organization you chose.
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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When we look at the external environment of a business, we must discuss the direct action and indirect actionenvironments. Using a local business in the Bahamas, provide a detailed example of a factor in the direct action environment that impacts the organization you chose.
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A corporation's activities may be impacted by factors in the external environment, which are those that are present outside of the company's internal environment. These outside factors might benefit the company or pose difficulties for how it is currently operating. Managers usually keep tabs on parts of the external environment in order to detect, address, and make the necessary changes.
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