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If you ask wondering about Internal and External influences of a business there are many. Internal means things that the business can control, some of these include management, product, location, resources (meaning who they are buying the materials from, captial ect), and the business culture (how the business operates e.g. Green, Australian Made, ect). External influences also vary and could be economy, government, multicultralism, product diversity, competitors, market conditions, geographic and social. Though these are only a few, many other Internal and External Influences exist.
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What is the difference between internal and external?
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What is the Differences between internal and external cost?
Internal costs are costs that a business bases its price on. External costs are costs that are not included in what the business bases its price on Nicodem
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