The business environment comprises internal and external factors that influence a company's operations, including customers, competitors, technology, laws, and economic trends. To achieve goals, a company must first define its objectives to help determine the proper business strategy. This document examines how the business environment impacts British American Tobacco Company's operations as the world's second largest tobacco company.
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Original Title
Business Environment is the Combination of Internal and External Aspects Which Stimulus Enterprise
The business environment comprises internal and external factors that influence a company's operations, including customers, competitors, technology, laws, and economic trends. To achieve goals, a company must first define its objectives to help determine the proper business strategy. This document examines how the business environment impacts British American Tobacco Company's operations as the world's second largest tobacco company.
The business environment comprises internal and external factors that influence a company's operations, including customers, competitors, technology, laws, and economic trends. To achieve goals, a company must first define its objectives to help determine the proper business strategy. This document examines how the business environment impacts British American Tobacco Company's operations as the world's second largest tobacco company.
Business environment is the combination of internal and external aspects which
stimulus enterprise's functioning condition. The business environment can comprise
features such as: users and dealers; its rivalry and proprietors; advances in expertise; decrees and administration activities; and marketplace, communal and financial drifts. In order to achieve the organizational goals it is necessary to define the organisational purposes first. This will help the company define the proper strategy of the business operation. The business environment affects the organizational behaviour in various situations like pricing, production; national and international trade and so on . This assignment explains how the business environment affects the business operation of the British American Tobacco Company. It is the second best tobacco company after Phillip Morris in the world.
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