BUSINESS ADMINISTRATION
BUSINESS ENVIRONMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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internal environment
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operating environment
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macro environment
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external environment
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Detailed explanation-1: -Factors over which the business has little control over is called the. answer choices. internal environment.
Detailed explanation-2: -Macroenvironment refers to the general external factors that impact the whole economy, which the business has no control over. These factors are economic, political, legal, sociological, environmental, and technological factors.
Detailed explanation-3: -An operational environment is the analysis of how factors within a setting can affect an organization’s conduct. The factors that make up an operational environments are political, military, economic, social, information, infrastructure, physical environment, and time.
Detailed explanation-4: -The correct option is A. Internal. Internal environment is within the control of the business.
Detailed explanation-5: -Micro environment is defined as the nearby environment, under which the firm operates. Micro environment is the environment that originates inside the organisation and affects the business operations directly and the businessman has absolute control over these forces.