5B Flashcards

1
Q

Internal environment

A

Involves factors within a business that a business has control over.

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2
Q

Corporate culture

A

Is the shared values and beliefs of a business and its employees.

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3
Q

How do owners/managers influence establishing a base/brand identity.

A

Owners and managers are responsible for improving business performance.

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4
Q

How do Employees influence establishing a base/brand identity.

A

They directly interact with customers who purchase the business’s products.

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5
Q

How do Corporate Culture influence establishing a base/brand identity.

A

A business that has customer-focused values is likely to have a strong customer base and enhanced brand identity.

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