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What are the Internal & External Environment in Business Management ?

Organizational Development Humanities Administration Management HR Management
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Question added by AHMED IMRUL KAYES , Senior Consultant , HR Bangladesh Ltd.
Date Posted: 2015/01/08
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Emad Mohammed said abdalla
by Emad Mohammed said abdalla , ERP & IT Software, operation general manager . , AL DOHA Company

  1. Internal factor , these involve (5M's)
  • Management
  • Manpower
  • machine
  • material and
  • money.
  1. External factors , these include
Macro factor and micro factors. Macro factors are the one that affect the organization indirectly, these are (pestel)
  • Political
  • enviroment
  • socia-cultural
  • technological and
  • Ecological
  • leagal
while micro factors are those which affect the organization directly it involve
  • customers
  • competitors
  • suppliers and
  • public

 

 

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