Components Of Business Environment

Lesson 4 of 4 • 60 upvotes • 8:14mins

Ayussh Sanghi

The previous lesson explained how important it is to survive within the business environment considering the external factors, here in continuation with the previous lesson the components of the business environment are discussed. Both external environment and internal environment have been detailed. He also mentions how SWOT analysis is a systematic approach to understanding the total environment. SWOT- Strength, Weakness, Opportunities and Threats, all these components have been discussed in detail.