Understanding the Environment of Business
3 important questions on Understanding the Environment of Business
Name the 7 dimensions of the external environment
1) Economic environment
2) technological environment
3) social cultural environment
4) business environment
5) emerging challenges and opportunities
6) global environment
7) political-legal environment
2) technological environment
3) social cultural environment
4) business environment
5) emerging challenges and opportunities
6) global environment
7) political-legal environment
What reflects the relationship between business and government, usually in the form of government regulation of business?
The political-legal environment
What environment includes the customers, values, attitudes, and demographic characteristics of the society in which an organization functions?
The socio-cultural environment
Try our study magic for free
a PDF, study it super fast
- No sign up, email or credit card needed!
- AI makes unlimited flashcards
- Get unlimited quizzes and tests
- Ask AI anything
Create a notebook
- No sign up, email or credit card needed!
- Have and keep perfect overview
- Make flashcards, notes and mind maps
- Review, test and score!
The question on the page originate from the summary of the following study material:
- A unique study and practice tool
- Never study anything twice again
- Get the grades you hope for
- 100% sure, 100% understanding
Remember faster, study better. Scientifically proven.
Topics that are related to Understanding the Environment of Business
-
Understanding the Environment of Business - Explain the importance of the economic environment to business and identify the factors used to evaluate the performance of an economic system
-
Understanding the Environment of Business - Describe the technological environment and its role in business
-
Understanding the Environment of Business - Identify emerging challenges and opportunities in business environment
-
Understanding the Environment of Business - Understand recent trends in the redrawing of corporate boundaries
