Business Environment

The sum of all internal and external factors that impact a business (correct)

The activities conducted by the government that impact a business

The changes in technology and social trends that impact a business

The collection of all employees and customers of a business

To identify various functional areas of business and its distinct operations

To explain the purpose of environmental scanning in business decision making

To analyze the overall business environment and assess the impact of its various components on business (correct)

To define the nature and objectives of business and articulate its structure

To analyze the internal factors of a business

To identify the functional areas of a business

To gather information about the external factors that may impact a business (correct)

To assess the impact of dynamic business environment on the operations of business

<p>Identifying various functional areas of business and its distinct operations</p> Signup and view all the answers

<p>Meaning and characteristics of business</p> Signup and view all the answers