5B Flashcards
1
Q
Internal environment
A
Involves factors within a business that a business has control over.
2
Q
Corporate culture
A
Is the shared values and beliefs of a business and its employees.
3
Q
How do owners/managers influence establishing a base/brand identity.
A
Owners and managers are responsible for improving business performance.
4
Q
How do Employees influence establishing a base/brand identity.
A
They directly interact with customers who purchase the business’s products.
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.