The environment of any organization is the pattern of all the external conditions that affect its development.
Technological Environment :Technological developments are not only the fastest unfolding but the most far-reaching in extending or contracting opportunity for an establish company.
Major areas of technical advance include increased mastery of energy, its conservation and more efficient use; the technical solutions to problems of product life, safety, and serviceability etc.

Ecological environment :The environment’s physical characteristics and find them favorable to industrial developments.
To study the effects of business operations on the air, water, traffic density and quality of life of any area that a company would like to enter.

Economical environment : The environment’s physical characteristics and find them favourable to industrial developments.To study the effects of business operations on the air, water, traffic density and quality of life of any area that a company would like to enter.  

Political environment : The political forces important to the business firm are extensive and complex-
The changing relations between communist and non communist countries, between prosperous and poor countries,
The relation between private enterprise and government,
Between workers & management
The impact of national planning on corporate planning &
The definition of conservative and liberal ideology.

Industrial environment: The industry environment in the one most company strategists believe they know most about, the opportunities  and the risks .
A close look at any industry will reveal its strategic dimensions and strategic groups.
Reading market signals consciously or unconsciously offered by competitors gives clues to competitors’ motives, goals, internal situations and intentions.