whats external environment and how many part it has? it's only micro-environment and macro-environment??

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whats external environment and how many part it has?
it's only micro-environment and macro-environment??


Answered Same DayDec 21, 2021

Answer To: whats external environment and how many part it has? it's only micro-environment and...

Robert answered on Dec 21 2021
131 Votes
External Environment 1
Running Head: EXTERNAL ENVIRONMENT
External Environment
External Environme
nt 2
External Environment
The environment, which is not under the control of the company and its employees, can
be defined as the external environment. The key determinants that shapes external environment
are society, competitors, consumers, government, innovations, etc. All these factors cannot be
managed by the company. Thus, all these are known as external factors (Wheelen & Hunger,
2010). External environment can be divided into two specific parts such as industry...
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