Explain Types of Business Environment

Basic objective of this article is to Explain Types of Business Environment. Here major focus on LEPEST C Developed Analysis. Environment includes such factors as socio-economic, technological, supplier, competitor and also the government. There are two more factors, which workout considerable influence on small business. They are physical or natural environment and global environment. There are seven classification of business Environment, they are: Legal, Economic, Political, Environmental, Social, Technology and Competitive. Here briefly explain all these LEPESTC Business Environment.