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March 29, 2017

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The question I must answer is:How has the management of your organization been influenced by external and internal factors?
I am not sure if I am understanding the meaning of external and internal factors in a organization. Can you help me with these terms?

  • management - ,

    External factors are all of those influences that come from outside the organization -- competitors, government regulations, overall economy, etc.

    Internal factors are all of those that come from within the company -- management, sales force, other employees, physical plant, etc.

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