_________ includes the factors outside its boundaries that affect a business's performance.

Question

Quizplus · Accepted Answer

The external environment includes all the factors outside a business's boundaries that affect its performance. Factors such as economic conditions, political environment, cultural and social factors, technological advancements, and natural environment are part of the external environment. The internal environment comprises the factors within the organization that affect its operations and performance, while the competitive environment refers to the factors that affect an organization's performance in relation to its competitors. Therefore, the best choice is C - External environment.

_________ Includes the Factors Outside Its Boundaries That Affect a Business's