External Environmental Factors?

Answer

External environmental factors, as they relate to business, are factors relating to a business's potential success in an area. These include political, environmental, social, technological, economic, and legal factors. Before a business will move into a new country or area, it must examine such factors to determine if the climate in that region is conducive to profits. This process is called the PESTEL Analysis. It provides businesses with an overview of any location to make a better investment decision.
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External environmental factors, as they relate to business, are factors relating to a business's potential success in an area. These include political, environmental ...
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Various internal and external factors greatly influence a business' success. While it is practically impossible to control forces outside the business, like world ...
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