Environmental Factors

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Definition: Environmental Factors

Environmental Factors
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Full Definition of Environmental Factors

External elements (economy, politics, regulations, climate, geography, technology, cultural trends, suppliers, competition) and internal elements (financial stability, stakeholder relationships, company culture) which can negatively impact a company’s performance or profitability. In business planning, environmental factors must be considered and contingencies developed to counter their influence on future performance.

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/environmental-factors/
Modern Language Association (MLA):
Environmental Factors. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 20, 2024 https://payrollheaven.com/define/environmental-factors/.
Chicago Manual of Style (CMS):
Environmental Factors. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/environmental-factors/ (accessed: April 20, 2024).
American Psychological Association (APA):
Environmental Factors. PayrollHeaven.com. Retrieved April 20, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/environmental-factors/

Definition Sources

Definitions for Environmental Factors 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: 19th November, 2021 | 0 Views.