Known characteristics in an environment that impact the survival, operations, and growth of an organization. This identifiable element exists as a physical, cultural, demographic, economic, political, regulatory, or technological characteristic.
TLD Example: The CEO was forced to acknowledge the negative impact the new regulatory legislation would have on her company’s profits in the coming year.
Link to This DefinitionDid you find this definition of ENVIRONMENTAL FACTORS helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary