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Can a business use multiple business environments or just one?
(Please help QUICK! 20 points, please try your best, not just try to get the points)

The business environment consists of the surrounding factors that either help or hinder the development of businesses

1) The economic and legal environment
2) The technological environment
3) The competitive environment
4) The social environment
5) The global business environment

The Economic and Legal Environment
-Freedom of ownership
-contract laws
-elimination of corruption
-tradable currency
-minimum taxes and regulation

The Technological Environment*
-information technology
-databases
-bar codes
-the internet

The Competitive Environment*
-customer service
-stakeholder recognition
-employee service
-concern for the environment

The Social Environment*
-diversity
-demographic changes
-family changes

The Global Business Environment
-Global competition
-free trade
-the quality imperative

Sagot :

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