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Question
An organization has little or no control over its -
A. Internal environment
B. Inner environment
C. External environment
An organization has little or no control over its -
A. Internal environment
B. Inner environment
C. External environment
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Solution
The correct option is D C only
External business environment refers to the forces, factors and institutions with which the businessman has to deal with in order to achieve its objectives. It is the sum total of all external things which includes economic, social, political and technological factors that indirectly affects the conduct of a business and the businessman has no control over these forces
External business environment refers to the forces, factors and institutions with which the businessman has to deal with in order to achieve its objectives. It is the sum total of all external things which includes economic, social, political and technological factors that indirectly affects the conduct of a business and the businessman has no control over these forces
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