How Do American Airlines Have Both Internal And External Factors

A company or corporation has both internal and external factors that impact their success of operations. Through planning and management strategies related to internally the human resources within recognize and undertake in accordance of the mission of the company. On the other hand, externally a company has no control over competition, law changes, or any economic condition. However, not saying that strategies shouldn’t be implemented to take measures of how they attack the changes.
The societal environment refers to the setting where people live in sum of society’s developed ways of thinking such as their beliefs, customs, practices and behaviors. This social system has general forces that doesn’t affect the organizations activities but

The company focuses on the different generation of customers they would be receiving. Technological forces innovates ways to solve developments. American airlines increases its survival rare as a company by effectively adopting to technology growth. Recently purchasing new aircrafts equipped to reduce fuel consumptions. In result, it helps airline operations expenses and improves efficiency. Economic forces regulates trade of any sort of sale production; materials, money, energy, and information. The way an airline performs contributes to its economic forces determined by the amount of passengers and freight traffic. Airlines major factor impacting their profits relies on the fluctuation in oil prices. Business confidence of the airline grew because of growth which opened the door to industrial production and international trade. Political-legal forces protects lays and regulations that formulates power and provide constraints. The airline industry is affected by the requirement of government intervention that protects them against several issues wars, terrorism and outbreaks of diseases. Not limiting them to legal international trade, tax policy, and