The External Business Environment
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- เผยแพร่เมื่อ 21 ก.ย. 2024
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The external business environments reflect that outside factors that businesses can't control but must adapt to. In this lesson from Alanis Business Academy, learn how to define the external business environment, identify opportunities and threats within the external business environment, and classify changes or trends according to one of six areas in the external business environment.
I had to double check the date when I heard "the conflict with Ukraine and Russia" Got a little spoked.
Same
This is going to help me with my assignment so much!!! FINALLY!!! Something I understand. What a legend...
Glad I could help Kayla!
The explanation was concise with good examples. Explained in a simple manner so that students can understand easily and absorb what they are enquiring about.
Thanks dude.... today I will clear my exam 😉 all credit goes to you!!
The way you describe your EBE is organized! Finally, something i can understand and write my h.w.'s with this video!😊😊😊😊
you are a blessing, i love how u explain and give example in each environment.
Thank you
Better hearing this and reading a book.(hahaha) Very helpful. Continue making more.
+Firdaus Omar I'm glad you think so! Thanks for watching.
Which book are you talking about
@@rafaemuradyan2640 my notes off course
I am so much impressed the way you explained; especially the example in each environment. very concise and very absolutely clear. more power to you.
+Rone Beltran Thank you Rone!
You made this content relatable, which always helps
finally i have found the most efficint video lessons many thanks for making such awesome videos
Thank u so much.. pretty understandable.. so good so lovely by this video I couldn't clear my doubts but I have got more ideas which may help to my final exam.. thank u once again.. keep going.. do more videos..
Thank you! You explained the concepts in a way that was easy to understand!
This was very informative! I'm taking a business principles class and this helps me to understand the material better.
Thanks for the feedback! Good luck in your class.
The explanation was clear and well-supported with examples
Thank you for this! :)) I have my paper 1 in 3 days and this is really going to help me on my analysis and evaluation questions.
You sir,are carrying my course.💕
Is that why my back has been hurting lately? 🤔
I found your lecture as a key point of the topics been discussed in a brilliant way.keep it up.thank you .
hossain bappy I appreciate that hossain. Thanks for watching and please subscribe to get access to future videos.
yeah surely.Many thanks.........
Amazing video!! Thanks for the help, it is kindof interesting to see how this video is knindof dated with the current events dusciussion. Amazing content that is very relevant and useful for my marketing class though!!
Love the detail of each environment area explained. Very helpful!
Thanks ..you helped me for my assignment. god bless you man
Watching this and referring book clears concept so well ..thanks
Wow this was very educative and well explained. I’ll give u a 10/10. Thanks!!!👍🏼
Big help to the students to learn more
thanks brother for this soft
Alanis where would i be without you
Hi sir first of all thank you for your tutorial really helps a lot. I was searching for " FACTORS AFFECTING GROWTH OF A COMPANY" and was surprised to find none. My guess is that the factors that will affect the growth of an organisation are both the internal and external environment only? Am i right?
Thanks much .. This was a big help..It would be good if you put references just so that we can see where you are getting your info from
Good examples used...awesome.
It's a very elaborative lecture thank you.
Amazing video! Thank you.
I learned more off this video than I have learned in college.
Very helpful, thanks a lot.
You’re very welcome!
dude this video has almost helped me actually understand what my tutor has been trying to say lol
same here.. lol.. my teacher lesson very confusing hahaha
Hello Mr Alanis. I have a question regarding the components of the external environment that I have seen in the "Fundamentals of Management Essential Concepts and Applications Eight Edition" textbook which was written by Stephen P. Robbins, David A. DeCenzo and Mary Coulter. According to the book, the six components are economic, global, political/legal, sociocultural, technological and demographic instead of the competitive that you mentioned in the video. May I ask why you did not put demographic as the component of external environment in your video? Great video by the way. Thank you. :)
Julie Wiscon Hey Julie. I'm somewhat familiar with that textbook, however I haven't read it myself. You'll find that their are some differences in the terms of the external business environment depending upon what book you read (frustrating I know). For example, many texts actually split the external business environment into two separate environments (general and specific environment), while others refer to simply one broader environment. (see episodes 146 & 147 for information on these and you'll notice the differences)
Along with many other texts, I don't separate out the demographic environment because it's already included in the social environment. The social environment covers changes in demographics, consumer preferences, attitudes, and values. So by creating a separate environment the information is a little redundant. Overall, I don't think it matters a great deal (except for tests of course :), as you would consider the same factors when analyzing the external environment. The only thing that would differ would be how you categorize those external factors.
Hope this explanation clears things up a bit. Appreciate your comments and good luck with the rest of your course.
Best,
Matt
Amazing job man👏🏻👏🏻👏🏻
This was vry helpful...Thanks..keep uploading more 👍
+Iqraar Sayed Thank you!
+Alanis Business Academy
my pleasure.. can you give some more examples regarding social environment?
I find your videos really helpful, keep up the good work! Regards from Portugal.
Semelhas Santa Glad I could help. Thanks for watching!
Amazing video , full of information
Thank you!
thank you ! very concise and helpful content
Good luck to as level students who are going for paper two business edexcel 2018 tomorrow
If a business branches out to a new location we can say it falls under social factor ??
Totally. Regardless of where a business is located, it can always be affected by changes in society (i.e. demographics, lifestyles, norms, etc). Those social factors may change though as a business moves to a new location.
@@Alanisbusinessacademy I had my doubts but I see I was on the right track 😅 , thank you 🙏
Is this similar to Firm and it's environment?
Amazing, thank you
How did you know Russia and Ukraine doing war 8 year ago? Did you reupload your vedio?
THANK YOU
thank you so much
Love this!!!
hi i need to discuss on these factors in the context of ecommerce. how do i do that
thank you
What about business environment?
Thanks ❤️
hatur nuhun kang
Thanks!
love it!!!
What do threats and opportunities imply in business operation? AND
What do organizations expected to do to better survive in their environment?
Just in your own words
Almost makes me feel that there are little to no negative external factors. You listed mostly postive. Good video tho
Terimakasih ilmunya
❤
Corona had an impact on all of these.
Great...
This is helpful for my studies in foundation c; !
Thank u :)
Ahh make sense now
17:49 lol still relevant today
Terbaik
wow!!!!!!!!!!!
+kuhle albia I hope you mean that in a good way 😀
Johnson Kenneth Young Kenneth Clark Cynthia
tidak bisakah ini ada sub indo nya plisss
NICE STUFF
rodney muleya ,dzwerani village Really appreciate that Rodney! If you haven't already, please subscribe so I can send you updates on new lessons. Thanks for watching!
my pleasure , watching your video was fruitful
Which does the pandemic fall under ?
PESTER
Thanks dude.... today I will clear my exam 😉 all credit goes to you!!