The _____ of a firm consists of those people inside the boundary-the owner,any employees,and any other owners or board members of the firm.
A)macroenvironment
B)external environment
C)operating environment
D)internal environment

Question

Quizplus · Accepted Answer

The internal environment of a firm includes all the factors and people within the boundaries of the organization, such as the owner, employees, and board members. Therefore, option D is the correct answer. The macroenvironment refers to the larger societal forces outside the organization, while the external environment includes external stakeholders such as customers, suppliers, and competitors. The operating environment refers to the specific industry in which the firm operates.

The _____ of a Firm Consists of Those People Inside