Easily understand “What is External Environment?” in this short #Strategy video.
External Environment
• It consists of factors which the company can either control partially or cannot control at all
• Hence the company has to change itself according to External Environment
• This requires the management to understand the various External Environment factors affecting it and Be prepared.
Contents of the Class:
External Environment - Complex
External Environment - Dynamic
Thank you,
#Shyam_Prasad
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