5 Questions
What does the term 'external environment' refer to in business?
Factors or conditions outside the organization that affect it
Which of the following is included in technological factors affecting businesses?
Information and communication resources
What do economic factors refer to in the context of business?
Aspects related to the financial conditions of a country or region
What is the internal environment of a company?
Elements that define the atmosphere within the company’s structure
How do technological factors affect an organization's operations?
They affect how an organisation operates, sells its products, and interacts with customers
Test your knowledge of how external environment factors impact businesses with this quiz. Explore the key dimensions such as society, economy, regulations, and political systems that can influence business operations. Enhance your understanding of how external forces shape the business landscape.
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