The management team and the venture's company mission are examples of external environmental factors.

Question

Quizplus · Accepted Answer

The management team is an internal factor that can be controlled by the organization. The company mission is also an internal factor as it is a statement of the organization's goals and objectives. External environmental factors are things outside of the organization's control, such as economic conditions, competition, and technological advancements.

The Management Team and the Venture's Company Mission Are Examples