Business Environment Influences Quiz
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Questions and Answers

What does the term 'external environment' refer to in business?

  • Factors or conditions that are directly managed by the organization
  • Factors or conditions within the organization that affect it
  • Factors or conditions outside the organization that affect it (correct)
  • Factors or conditions that are uncontrollable by the organization
  • Which of the following is included in technological factors affecting businesses?

  • Employee training programs
  • Employee satisfaction levels
  • Office layout and design
  • Information and communication resources (correct)
  • What do economic factors refer to in the context of business?

  • The internal financial management of a company
  • The employee retention rates within a company
  • Aspects related to the financial conditions of a country or region (correct)
  • The marketing strategies employed by a company
  • What is the internal environment of a company?

    <p>Elements that define the atmosphere within the company’s structure</p> Signup and view all the answers

    How do technological factors affect an organization's operations?

    <p>They affect how an organisation operates, sells its products, and interacts with customers</p> Signup and view all the answers

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