Business Environment Factors Quiz

They are inter-dependent and inter-related (correct)

They have no impact on each other

They only impact specific industries

They are completely independent

All factors external to the business firm (correct)

Factors related to the production process

Only macro factors outside the business firm

Only micro factors within the business firm

Due to uniformity in global markets

Due to changes in economic and social environment (correct)

Due to stable political conditions

Due to lack of technological advancements