BUSINESS ADMINISTRATION
BUSINESS ENVIRONMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Internal
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Social
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Political
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Economical
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Detailed explanation-1: -Answers. Customers is not an internal environment of business. becz its control is not in the hands of the business.
Detailed explanation-2: -All illegal activities do not come under the dimensions of a business environment.
Detailed explanation-3: -These are economic, social, legal, political and technological.
Detailed explanation-4: -The internal environment of business refers to all the factors or forces that have a more direct impact on the daily activities of the company. The main factors in the internal environment are: customers, suppliers, competitors, shareholders, financial institutions, and employees.
Detailed explanation-5: -The six M’s of internal enviornment are Man, Marketing, Machinery, Management, Money, Miscellaneous, Money.