internal factor Flashcards

(4 cards)

1
Q

internal factor definition

A

Influences within the control of the organisation which will affect how it operates (inside the business).

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2
Q

availability of finance - internal factor

A

The amount of money a business has available.

If a business dosent have a lot of finance available they may not be able to pay bills on time

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3
Q

Current technology - internal factor

A

The tech / ict that an organisation currently has available to use

If an organisation has up to date tech ur may be able to sell to customers online

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4
Q

Human recources - internal factor

A

The ability, skill of employees and management within the organisation

If employees are highly trainrd they can produce a better product

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