Business Environment

Business, Legal & Accounting Glossary

Definition: Business Environment


Business Environment


Full Definition of Business Environment


All of the factors, both internal and external, which influence the function of a business. Internal factors include items such as the company’s products or services, employees, assets, and marketing. External factors include competitors, stockholders, customers, and economic conditions.


Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/business-environment/
Modern Language Association (MLA):
Business Environment. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
March 29, 2024 https://payrollheaven.com/define/business-environment/.
Chicago Manual of Style (CMS):
Business Environment. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/business-environment/ (accessed: March 29, 2024).
American Psychological Association (APA):
Business Environment. PayrollHeaven.com. Retrieved March 29, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/business-environment/

Definition Sources


Definitions for Business Environment are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.