Business environment consists of economic, political and legal, demographic, social, competitive, global, and technological sectors and a marketing term that refers to a factors and forces that affect a firm's ability to build and maintain successful customer relationships.
As a means to better understanding and analyzing its complexities the business environment can be organized into six major forces of influence: Socio-cultural, Competitive, Technological, Economic, Political & Regulatory, and Natural.
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Answer:
Business environment consists of economic, political and legal, demographic, social, competitive, global, and technological sectors and a marketing term that refers to a factors and forces that affect a firm's ability to build and maintain successful customer relationships.
Answer:
As a means to better understanding and analyzing its complexities the business environment can be organized into six major forces of influence: Socio-cultural, Competitive, Technological, Economic, Political & Regulatory, and Natural.