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Factors in the internal business environment that can lead to success of a business are;Committed ownerGood business structureProper business cultureSkilled workersAdequate financeUse-up to date technology
Measures taken by a business man to improve internal business environment are;Setting smart objectives/good decision making by business owner.Developing an effective business culture.Availing necessary and required skills, knowledge and valuesCarrying out service training for the existing personnel.Develop a workable business structureImproving the worker welfareUse of appropriate technology
Factors that positively influence internal business environment include;Adequate resourcesTrained / skilled manpowerA workable business structureInnovative / creative entrepreneurMotivated employeesGood management practices (by the owner)SMART goals and objectivesAdoptable business culture.
Positive impacts of physical environment on the operations of a business are;Favourable climatic conditions favour agricultural businessesAbsence of floods means goods can efficiently reach the marketGood roads and other physical infrastructure enhances tradeLand with good terrain favours production activities
Types of business resources include;Human resourcesFinancial resourcesPhysical resourceTechnological capabilities Business cultureBusiness owners