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  • Enviromental Factors

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    Abhishek Singh
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    External environmental factors consist of elements outside a company's control that can impact its success, including business success, scale, vision, and development strategy. Understanding these issues should be prioritized by leaders so suitable strategies can be produced to handle predicted and unpredicted situations arising from positive and negative effects both within and outside the company. These factors are divided into two categories.

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    Enviromental factors

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    External environmental factors consist of elements outside a company's control that can impact its success, including business success, scale, vision, and development strategy. Understanding these issues should be prioritized by leaders so suitable strategies can be produced to handle predicted and unpredicted situations arising from positive and negative effects both within and outside the company. These factors are divided into two categories.

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    5 views2 pages

    Enviromental Factors

    Uploaded by

    Abhishek Singh
    External environmental factors consist of elements outside a company's control that can impact its success, including business success, scale, vision, and development strategy. Understanding these issues should be prioritized by leaders so suitable strategies can be produced to handle predicted and unpredicted situations arising from positive and negative effects both within and outside the company. These factors are divided into two categories.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    of 2

    External Environmental factors

    These factors consist of external elements that are outside and under no control of the company, yet
    have an impact on the success of the business on various levels such as business success, scale,
    vision, and development strategy, having fully understanding about this issue should be prioritized
    by leaders.

    Once we know about both positive and negative effects within and outside the company, we can
    produce suitable strategies to handle any predicted and unpredicted situation.

    These factors are further divided into two categories, which are as follows:

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