Question 12
Business Environment and Social ResponsibilityBusiness environment refers to all elements that are
- A.outside an organization but relevant to its operations
- B.inside an organization but irrelevant to its operations
- C.internal to an organization and relevant to its operations
- D.external to an organization but indirectly related to its operations
Show the answer and explanation
Answer: A (outside an organization but relevant to its operations)
Explanation
The business environment is made up of forces outside the firm, such as government, competitors, the economy and society, that affect how it operates.