The external business environment consists of all the elements outside a company that can affect its performance.

Name: The external business environment consists of all the elements outside a company that can affect its performance.
Brand: Quizplus
Rating: 4.9 (45 reviews)

Question

Quizplus · Accepted Answer

The external business environment includes factors such as economic conditions, political and legal issues, technology, competition, social trends, and more that are outside the control of a company but can impact its success. Therefore, the statement is true.

The External Business Environment Consists of All the Elements Outside