Business environment

macro environment

external environment

operating environment

internal environment

factors that directly impact the organisation

factors that influence the operations of the business

factors that influence the wider environment in which the business operates

Opportunities

Threats

Benefits

None of the above

Internal

Opportunity

Weakness

External

Owners, Suppliers, Competitors

Political environment, Economic environment

Owner, Employee, Manager

Competitors, Suppliers, Resources

Interest rate, Inflation, Income distribution

Fiscal policy, Infrastructure development policy

Laws, regulations

Inflation, Exchange rate, Internet

Owner's financial strength, business knowledge and experience will affect a business favorably or unfavorably.

Decision making of employees will affect the business positively or negatively

The changes in the tastes and preferences of customers will affect the business

Competitors' pricing, products, marketing strategies will influence the business

Experience of managers and accurate decision making

Employees inability to complete the tasks on time

Inexperience and inadequate knowledge of the owner

Having a recognized brand name

Unfavorable geographical environment of the business

Strength

Weakness

Opportunity

Threat

Competitors leaving the industry

Change in the life style of consumers

Natural disasters

Difficulties in adapting new technologies

he has no entrepreneurial skills and this may influence his business negatively.

He has to many competitors and it might put a strain on Mr Jonas potential customer base.

He is a hard worker and he has passion this may blur his vision in seeing the potential threats to his dream.

Mr Jonas has sufficient Capital and with money he can make his business appealing to potential customers.

Analysis of strengths

Analysis of weaknesses

Analysis of opportunities

Analysis of threats