5 Questions
Which of the following is NOT considered an external factor in the business environment?
Management
What is the purpose of environmental scanning in business decision making?
To analyze the overall business environment
Which course outcome focuses on understanding the impact of dynamic business environment on the operations of business?
CO4
What does the term 'nature of business' mean?
Defining the objectives and structure of business
What are some examples of external factors in the business environment?
Activities by government and economic changes
Test your knowledge on the various factors that shape the business environment. This quiz will cover topics such as internal and external factors, market trends, economic changes, and more. Challenge yourself and see how well you understand the dynamic world of business.
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