External factors of business environment with their examples?

1. Economic factors: These include factors such as inflation, interest rates, exchange rates, and economic growth. For example, a sudden increase in interest rates can impact a company's borrowing costs and profitability.

2. Political factors: These include factors such as government stability, regulations, and trade policies. For example, changes in government regulations can affect a company's operations and profitability.

3. Social factors: These include factors such as demographics, cultural trends, and consumer behavior. For example, changing consumer preferences towards healthier food options can impact a company's product offerings.

4. Technological factors: These include factors such as advancements in technology, automation, and digitalization. For example, the rise of e-commerce has changed the way companies sell and distribute their products.

5. Environmental factors: These include factors such as climate change, sustainability, and environmental regulations. For example, companies in the energy sector may face increased scrutiny and regulations due to their impact on the environment.

6. Legal factors: These include factors such as labor laws, intellectual property rights, and competition laws. For example, a company may face legal challenges if it is found to be in violation of antitrust laws.

Economic Factors
- Interest rates
- Inflation rate
- Gross Domestic Product (GDP)
- Unemployment rate
- Currency exchange rates

Political Factors
- Tax laws
- Government regulations
- Political stability
- International relations
- Trade policies

Social Factors
- Demographics
- Cultural values
- Consumer trends
- Lifestyle changes
- Health consciousness

Technological Factors
- Advancements in artificial intelligence
- Automation
- E-commerce growth
- Data analytics
- Cloud computing

Environmental Factors
- Climate change
- Natural disasters
- Pollution
- Resource scarcity
- Sustainability regulations

Legal Factors
- Labor laws
- Antitrust laws
- Consumer protection laws
- Intellectual property laws
- Environmental laws

Competitive Factors
- Market share
- Number of competitors
- Barriers to entry
- Product differentiation
- Technological advancements

Global Factors
- Globalization
- Economic integration
- Political alliances
- Cultural exchange
- Technological advancements