Explain the terms internal environment and external environment

Business assignment

With the aid of examples:
Explain the terms internal environment and external environment
Assess the view that “government intervention in a market economy is necessary to improve the environments in which businesses operate”
Your response should be in the form of a written report be around 1,500 words
The learning outcomes for this assignment are:
– Examine the nature of economic activity in the business market
– Understand the economic environment of business
– Evaluate the broad approaches to organisation and management.