Business Basics

The Key Components of Business Environment

The business environment consists of numerous external and internal factors that affect the company’s workflow. Such elements include economic, legal, social or technological environment. Indian companies need to understand key business components. This knowledge helps to plan the workflow, grow quickly and stay competitive in the market. 

Ananya Joshi Author
Ananya JoshiContent Writer
July 8, 2025 7 mins
what are the components of business environment
July 8, 2025 7 mins

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