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Questions and Answers
Which of the following is NOT considered an external factor in the business environment?
Which of the following is NOT considered an external factor in the business environment?
- Management (correct)
- Social trends
- Customers needs/wants
- Employees
What is the purpose of environmental scanning in business decision making?
What is the purpose of environmental scanning in business decision making?
- To analyze the overall business environment (correct)
- To understand the impact of dynamic business environment
- To identify various functional areas of business
- To assess the impact of various components on business
Which course outcome focuses on understanding the impact of dynamic business environment on the operations of business?
Which course outcome focuses on understanding the impact of dynamic business environment on the operations of business?
- CO1
- CO4 (correct)
- CO2
- CO3
What does the term 'nature of business' mean?
What does the term 'nature of business' mean?
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What are some examples of external factors in the business environment?
What are some examples of external factors in the business environment?
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