BUSINESS ADMINISTRATION
BUSINESS ENVIRONMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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There are many factors that can affect the success of a business ____ factors are the factors that are considered when completing a business environmental analysis report.
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external
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internal
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personal
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economical
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Explanation:
Detailed explanation-1: -Examples of environmental factors affecting business include employees, competitors, suppliers, customers’ needs, owners, government regulations, market trends, technological developments, social factors, and economic factors.
Detailed explanation-2: -External environmental factors are the factors outside the organization that influence the business. These often include the social and cultural, natural environment, political, legal, technological, and economic factors.
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