Outline the Components of a Firm's Internal Environment

question 37

Essay

 Outline the components of a firm's internal environment.

---

Definitions:

Individual Requirements

Refers to the unique needs or conditions necessary for a person to effectively perform or engage in a specific task or activity.

Activeness

A quality or state of being active, characterized by energetic actions or activities.

Flexibility

The ability to adapt to new, different, or changing requirements and situations with ease.

Reactiveness

The quality of responding to external stimuli or changes in the environment, typically characterized by adaptability or sensitivity.