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Question

Environmental factor which are beyond the control of individual is known as

A
Internal
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B
External
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C
Both (a) & (b)
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D
None of above
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Solution

The correct option is B External

Environment scanning can be defined as the process by which organisations monitor their relevant environment to identify opportunities and threats affecting their business. The environment scanning is applied to both external as well as internal scanning process as business environment includes both external as well as internal environment in which the business is practiced.

External environment refers to the environment which is beyond the control of an individual working in a company.


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