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Business Environment Analysis and Diagnosis

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Business Environment Analysis and Diagnosis

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Questions and Answers

What is the main focus of the present chapter?

To discuss the challenges of business environment

To analyze the techniques of business environment

To explain the nature of business environment

To provide information about various types of environments (correct)

Why is it important to scan the external and internal environment while doing any business?

To avoid competition

To ignore environmental influences

To identify opportunities and challenges (correct)

To focus on internal factors only

What does the environment have the power to do, according to the text?

Guarantee immediate success for any business

Make anything successful when it has opportunities (correct)

Delay the success of a business

Eliminate all challenges for a business

What is one of the techniques suggested to analyze the business environment?

<p>SWOT analysis (C)</p> Signup and view all the answers

What is meant by 'uncertainty in business environment'?

<p>Unpredictability in environmental forces affecting businesses (D)</p> Signup and view all the answers

Business Environment Analysis and Diagnosis

Choose a study mode

Podcast

Questions and Answers

What is the main focus of the present chapter?

Why is it important to scan the external and internal environment while doing any business?

What does the environment have the power to do, according to the text?

What is one of the techniques suggested to analyze the business environment?

What is meant by 'uncertainty in business environment'?

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