Which of the following is NOT a part of the external business environment?

Practice Questions

Q1
Which of the following is NOT a part of the external business environment?
  1. Competitors
  2. Suppliers
  3. Employees
  4. Government Regulations

Questions & Step-by-Step Solutions

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.
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