Industry Environment

Business, Legal & Accounting Glossary

Definition: Industry Environment


Industry Environment


Full Definition of Industry Environment


The exterior forces which cannot be controlled by marketing but may have a significant impact on the success of the product offering including existing competition, the threat of new competition, price competitiveness, changes in consumer tastes and economic factors.


Cite Term


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https://payrollheaven.com/define/industry-environment/
Modern Language Association (MLA):
Industry Environment. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 19, 2024 https://payrollheaven.com/define/industry-environment/.
Chicago Manual of Style (CMS):
Industry Environment. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/industry-environment/ (accessed: April 19, 2024).
American Psychological Association (APA):
Industry Environment. PayrollHeaven.com. Retrieved April 19, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/industry-environment/

Definition Sources


Definitions for Industry 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.