Business Environment Forces Quiz

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5 Questions

Sources of opportunity can be attained by assessing and looking at changes in the ______

environment

External environment refers to the physical environment, societal environment, and ______ where the business operates

industry

Competition is the act or process of trying to get or win ______

something

New entrants are the ones who enter ______

something

Suppliers are the ones that provide something that is ______ or wanted

needed

Test your knowledge on the various forces that shape the business environment, including political, economic, sociocultural, and technological factors. Learn about industry-specific elements like competitors, customers, creditors, and employees.

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