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The main users of accounting information?
This are in two groups, external users and internal users. External come from outside the business while internal are from inside the business. Examples of external are insurers, suppliers, customers, government tax auditors, etc while internal accounting users are within the business, thus shareholders, owners of the business
Internal and external accounting information?
internal = inside business external = outside business
Explain how the environment in which a business operates impacts upon?
The business environment impacts a business because managers have to make decisions based on what is going on around them. If the environment is fiercely competitive, then the business would have to respond appropriately.
Explain what the micro environment is in business studies?
what is micro & macro environment means(according to business studies)
Regulating an internal environment despite changes in the external environment is called?
The human body self-regulates to maintain a stable internal environment despite changes in the external environment is a process called homeostasis. They begin by looking at how the human body regulates temperature and the value of a feverin fighting infection.
Examples of socio-cultural environment on business?
Examples of how socio-cultural factors effect a business environment
What are the internal and external factors in business environment?
Some internal factors that impact the business environment include competitors and business resources. External factors that affect the business environment barriers to entry and government regulations.
What is business internal environment?
An internal environment in business is a combination of conditions, events, factors, and entities that lead to decisions within a company. Leadership styles and organizational culture are parts of the internal environment.
What is external and internal circumstances that surround the business?
What is Business Environment.
How can a manager manages an internal and external business environment?
How a manager manages internal and external environment of the organisation?
Explain in detail internal and external factors affecting business environment?
internal and external factors in the organizational environment
What is the impact of Internal Business Environment?
The internal business environment can lead to increased productivity or it can be detrimental. Managers must improve the culture in order to improve production.
What are the external and internal circumstances that surround a business?
The external environment is everything outside of the business. The internal environment is everything inside the organization, but it is not limited to one facility.
What is the nature and structure of business environment?
The business environment is the combination of internal and external factors that influence its operation. The structure of the business environment is dependent on the specific type of business.
What is 5 elements of internal business environment?
Product attractiveness, opportunities, organizational structure, intellectual assets, and internal stakeholders are the 5 elements of internal business environment. Another element is key business drivers such as market indicators.
What are examples of external business environment?
The external business environment are the things outside of an organization that affect the functionality of the business. Some examples of the external business environment include customers, economy, government and public opinion.
What are the strengths of an internal business environment?
The strengths of any internal business environment will vary. Some businesses are strong in reducing waste, while others have excellent quality standards.
