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Questions and Answers
What is the term for the surroundings in which a business operates?
What is the term for the surroundings in which a business operates?
- Corporate habitat
- Business environment (correct)
- Business sphere
- Market ecosystem
Which of the following is NOT an element of the business environment?
Which of the following is NOT an element of the business environment?
- Competitor strategies
- Technological advancements
- Internal company policies (correct)
- Customer preferences
What do we call the analysis of the business environment to identify opportunities and threats?
What do we call the analysis of the business environment to identify opportunities and threats?
- Market segmentation
- PESTEL analysis (correct)
- SWOT analysis
- Competitive analysis
