Situation analysis requires a firm to consider both internal and external factors.Which of these is an example of an external factor?
A) The firm buys its own fleet of trucks so it no longer needs to hire a trucking company for distribution.
B) A hiring freeze is put into place.Although no one is fired no one can be hired.
C) A goal is set to close the gap between production costs and profits.
D) A local governance requires that all businesses within the city limits must reduce their waste by 5% or be fined.
E) Shareholders are rewarded with a sizeable dividend check.
Correct Answer:
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