Question

Which of the following is a set of examples of external environment of a business?

• A. Institutions, organisations and forces operating outside the company
• B. Institutions, organisations and forces operating inside the company
• C. Commitment, attitude and morale of he employers
• D. Economic and non-economic environment

Answer 1

The correct option is A Institutions, organisations and forces operating outside the company

The external environment of a business are the external factors in the environment that affects the business. Example of external environment are Institutions, organizations, forces operating outside the company.