BUSINESS ADMINISTRATION
BUSINESS ENVIRONMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is NOT a factor in the international business environment?
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political and legal
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socialogical
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cultural and social
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geographic
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Explanation:
Detailed explanation-1: -An International Business Environment (IBE) involves different aspects like political risks, cultural differences, exchange risks, and legal and taxation issues.
Detailed explanation-2: -Continuous elements are not a part of the business environment.
Detailed explanation-3: -The correct answer is C) mission. The mission is not an environmental factor, but if it is not well-defined, the organization may lose direction.
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