The factors beyond the control of the firm that influence its choice of direction and action,organizational structure and internal processes refers to
A) Directional strategies
B) External environment
C) Organizational processes
D) Internal environment

Question

Quizplus · Accepted Answer

The external environment refers to the various factors outside the control of the firm that influences its operations such as economic factors, technological advancements, socio-cultural factors, legal and political environment, and competition. These factors can greatly affect the strategic direction, organizational structure, and internal processes of a firm.

The Factors Beyond the Control of the Firm That Influence