The Business Environment
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Questions and Answers

Which of the following is NOT a factor of the business environment?

  • Social
  • Economic
  • Cultural
  • Internal (correct)

    • What is the main characteristic of the external environment?

  • Uncontrollable (correct)
  • Controllable
  • Changeable
  • Organizational

    • Which of the following is NOT an importance of the business environment?

  • Continuous Learning
  • Determining Opportunities and Threats
  • Increasing Market Share (correct)
  • Identifying Firm’s Strength and Weakness

    • What does the internal environment of a business refer to?

    <p>Technological factors</p> Signup and view all the answers

    Which of the following is a controllable factor in the business environment?

    <p>Policies and programmes</p> Signup and view all the answers

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