Business Environment Quiz
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Questions and Answers

The ______ environment, also known as the internal environment, is the operational environment of the business.

micro

The micro environment, also known as the ______ environment, is the operational environment of the business.

internal

The micro environment, also known as the internal environment, is the ______ environment of the business.

operational

The micro environment is the ______ environment of the business.

<p>operational</p> Signup and view all the answers

The micro environment is also known as the ______ environment.

<p>internal</p> Signup and view all the answers

What is the primary focus of the micro environment in a business?

<p>Operational environment</p> Signup and view all the answers

What term is often used interchangeably with 'micro environment'?

<p>Internal environment</p> Signup and view all the answers

What is the scope of the micro environment in a business?

<p>Operational</p> Signup and view all the answers

What is the relationship between the micro environment and the business?

<p>It is the operational environment of the business.</p> Signup and view all the answers

What can be used to describe the micro environment in a business?

<p>Internal or operational environment</p> Signup and view all the answers

Study Notes

The Micro Environment

  • The micro environment is also referred to as the internal environment of a business.
  • It is the operational environment of the business, where internal factors interact and influence the business's operations.

The Micro Environment

  • The micro environment is also referred to as the internal environment of a business.
  • It is the operational environment of the business, where internal factors interact and influence the business's operations.

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Description

Test your knowledge of the micro environment, also known as the internal environment, which is the operational environment of the business.

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