• Factors which can be controlled – These are the factors which can be more or less controlled with careful planning and proper human resource management group. In this group, factors like labour, relationship with clients and financial partners, and also public relation partners can be included.
• Factors which cannot be controlled – Things that arise as an accident like global economic crises, natural disasters, large scale epidemics and such are beyond the control of any business organization. Though evolved businesses are more equipped to handle such troubles better than the new ones, these factors are in general out of man’s control.
The strategy of any business includes the building of relations both within and outside the organization. The management of these two equally important parts of a business needs thorough planning and thinking. The balance between these two phases can be achieved by maintaining some rules: