business environment

Definition

The combination of internal and external factors that influence a company's operating situation. The business environment can include factors such as: clients and suppliers; its competition and owners; improvements in technology; laws and government activities; and market, social and economic trends.

Use this term in a sentence

  • The United State's business environment is very different than China's business environment due to differing government laws and regulations.

    Was this Helpful?   (2)   (1)
Show more usage examples...

Related Videos




http://www.businessdictionary.com/definition/business-environment.html

Have a question about this term? Ask for help in the
Community
advertise here

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z