Factors

The different environmental f hazardors that affect the bank line abidenister be broadly categorized as internal ands has its stimulate away factors. INTERNAL FACTORS : Internal factors argon those factors which exist inwardly the premise of an formation and directly affects the different operations carried off in a business. These internal factors argon : A. VALUE strategy : It implies the floriculture and norms of the business. In other words, it means the regulatory framework of a business and every member of the organization has to act within the limits of this framework. B. MISSIONS AND OBJECTIVES : Different priorities, policies and philosophies of a business is guided by the commission and objectives of a business. C. FINANCIAL FACTORS : Financial factors like fiscal policies, financial position and capital structure also affects a business performance and its strategies. D. INTERNAL RELATIONSHIP : Factors like the standard of gage the top management enj oys from its sh beholders, employees and the board of directors also affects the categoric surgery of a business. The EXTERNAL FACTORS include all those factors which exists outdoor(a) the cockeyed and are often regarded as uncontrollable.. These external forces can encourage be categorized as MICRO environs and macro instruction purlieu. MICRO ENVIRONMENT includes the following factors. 1.SUPPLIERS : Suppliers are those people who are responsible for supplying necessary inputs to the organization and ensure the smooth flow of production. 2.COMPETITORS : Competitors can be called the closing curtain rivals and in methodicalness to survive the competition one has to slide by a close look in the market and plan its policies and strategies as much(prenominal) to face the competition. 3.MARKETING INTERMEDIARIES : Marketing intermediaries aid the company in promoting, selling and distribution of the goods and services to its final users. Therefore, marke ting intermediaries are snappy link between! the business and the consumers. MACRO ENVIRONMENT includes...If you exigency to get a full essay, order it on our website: OrderCustomPaper.com

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