Which of the following is NOT a part of the external business environment?
Correct Answer: Employees
- Step 1: Understand the difference between internal and external business environments.
- Step 2: Identify what is included in the internal environment (e.g., employees, management).
- Step 3: Identify what is included in the external environment (e.g., competitors, suppliers, government regulations).
- Step 4: Analyze the options given in the question to see which one does not fit the external environment.
- Step 5: Conclude that employees are part of the internal environment, while the others are external.
No concepts available.