tabular distinguish between general and specific environment
General Environment :
1. General Environment refers to the business environment which affects the industry as a whole.
2. Forces which affect the general environment of business are : Political, Economic, Legal, Social etc
Specific Environment :
1. Specific Environment is the business environment specific to a few or one enterprise. Any change in such an environment affects only the related businesses, not all.
2.Forces like investors, customers, suppliers etc affect specific environment.
1. General Environment refers to the business environment which affects the industry as a whole.
2. Forces which affect the general environment of business are : Political, Economic, Legal, Social etc
Specific Environment :
1. Specific Environment is the business environment specific to a few or one enterprise. Any change in such an environment affects only the related businesses, not all.
2.Forces like investors, customers, suppliers etc affect specific environment.