Environmental Factors Affecting Business Entities Particularly Automotive Industry (Case Study Sample)
the task was about the internal and external environmental conditions that affect the way a business entity runs its operations when producing goods and services, in this particular case automotive industry was the main focus. the automotive industry has been growing for the last few decades but due to environmental issues laws have been passed which are acting as a hindrance to the growth of this industry.
source..Environment factors
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Environment factors
External forces and conditions that influence an organization’s way of its operations in terms of technological, economic, and demographics are referred to as the external environment (Munro & Belanger, 2017). These conditions are the basis of a business, they are the most vital factors as they determine the strategic decisions of any particular business.
This essay will evaluate the automotive industry, and how environmental factors plays part in this organization. The growth and development of an industry depend on the impact of environmental factors on the business (Antamoshkina & Zinina, 2019). The most crucial influencer’s environmental factors are the law of the land, the level of competition from similar
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