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Questions and Answers
What does the term 'external environment' refer to in business?
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?
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?
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?
What is the internal environment of a company?
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How do technological factors affect an organization's operations?
How do technological factors affect an organization's operations?
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