Home  | Term of the Day | |||
| environmental factors External elements (economy, politics, regulations, climate, geography, technology, cultural trends, suppliers, competition) and internal elements (financial stability, stakeholder relationships, company culture) which can negatively impact a company's performance or profitability. In business planning, environmental factors must be considered and contingencies developed to counter their... | ||||
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| Usage Example The company will be able to become a global industry leader if environmental factors such as earthquakes, tsunamis and hurricanes do not strike and put them out of commission. | ||||
Term of the Day
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Join date : 2013-01-12
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