Understanding the Role of External Environment in the Development of Organisational Strategies
Posted by John Puttick in Apr, 2024
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The external environment refers to the factors outside an organization that can impact its performance and strategies. This includes economic conditions, technological advancements, political and legal factors, social and cultural trends, and competition. People in enterprises need to understand the external environment to develop effective strategies that can adapt to changes and seize opportunities. By […]
Category: BSBSTR602

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