Factors Affecting Business Environment

Increased government regulations and compliance burdens

Decreased reliance on technological advancements

Identification of opportunities and threats for the business (correct)

Improved employee satisfaction and retention

By highlighting the impact of technological and global developments on the business (correct)

By focusing on the internal processes and operations of the business

By analyzing the financial statements of the business

By predicting changes in consumer behavior and preferences

By making the task of managers easier in dealing with business challenges (correct)

By providing detailed financial forecasts for the business

By reducing the need for continuous learning and skill development

By making it more challenging to predict changes in the business realm