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Definition: the External Environment of an organization is the whole of economic, social, demographic, political, technological, legal, government and competitive environmental factors that are out of an organization's direct control (but can influence it!). |
More on external environment: Cultural Dimensions, Five Forces, PEST Analysis, Specific Environment, Strategic Drift. You may also like: Full-time MBA, Executive MBA, Executive Education, Online MBA. MBA Brief offers concise, yet precise definitions of concepts, methods and models as taught in a study Master of Business Administration. We like to keep things short, and provide links to learn more about your subject.
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