Distingush the difference between internal and external env't
The main difference between internal and external environment is that the internal environment refers to the conditions, factors, and elements within an organization or system that are directly controllable, while the external environment refers to the conditions, factors, and elements outside the organization or system that are not directly controllable.
Internal Environment:
1. Control: The internal environment is under the control of the organization. The management can influence and manipulate the internal factors to a certain extent.
2. Elements: The internal environment consists of factors such as organizational structure, culture, policies, resources, employees, management practices, and technology.
3. Flexibility: The internal environment is relatively flexible as the organization can adapt and change its internal factors to align with its goals and objectives.
4. Influence: The internal environment has a direct influence on the functioning and performance of the organization. It determines the internal strengths and weaknesses of the organization.
External Environment:
1. Lack of control: The organization has limited control over the external environment. External factors are mostly beyond the influence of the organization.
2. Elements: The external environment includes factors such as competitors, customers, suppliers, government regulations, technological advancements, social trends, economic conditions, and political factors.
3. Unpredictability: The external environment is unpredictable and constantly changing. It poses uncertainties and challenges for the organization as it cannot fully control or anticipate external factors.
4. Impact: The external environment has a significant impact on the organization's success and performance. It shapes the opportunities and threats that the organization faces.
In summary, the internal environment consists of factors that are directly controllable by the organization, while the external environment consists of factors that are beyond the control of the organization. Understanding and managing both the internal and external environments are crucial for the success and sustainability of an organization.
The internal environment refers to the conditions within a specific system or entity, such as an organization or a living organism. It includes factors that are under the control of the system, such as its structure, resources, processes, and culture.
On the other hand, the external environment refers to the conditions and influences from the outside that affect the system but are not directly controlled by it. These factors can include the macro-environment, which consists of the political, economic, social, technological, environmental, and legal (PESTEL) factors, as well as the industry-specific factors such as competitors, suppliers, customers, and market trends.
To summarize:
- Internal environment: Refers to the conditions and factors that are within the control of the system or entity. Examples include organizational structure, resources, processes, and culture.
- External environment: Refers to the conditions and factors that exist outside the control of the system or entity. Examples include macro-environmental factors (PESTEL) and industry-specific factors such as competitors, suppliers, customers, and market trends.