5 Questions
What is the Business Environment?
It includes all internal and external factors that affect the company’s performance and functions.
What is the purpose of Environmental Analysis?
To assess the level of threats or opportunities that might affect the business.
What does Environmental Scanning involve?
Monitoring both external and internal environments to identify opportunities and threats.
What are the successful indicators included in the Business Environment?
Indicators to determine the status of the environment.
How does Environmental Scanning help the management team?
By assisting in making better decisions through identifying threats and opportunities.
Test your knowledge of the business environment with this quiz. Explore internal and external factors affecting company performance, successful indicators, and strategic environmental analysis.
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