Answered

Explore Westonci.ca, the top Q&A platform where your questions are answered by professionals and enthusiasts alike. Experience the ease of finding quick and accurate answers to your questions from professionals on our platform. Our platform offers a seamless experience for finding reliable answers from a network of knowledgeable professionals.

Identify the business environment associated with each of the following factors.
a. Employees
b. Tools and equipment
c. Inflation
d. Political factors
e. Technology applied
f. Cultural factors
g. Invested funds
h. Entrepreneur
i. Management
j. Geographical factors
k. Business structure
l. Economic recessions

Sagot :

azikennamdi

Answer:

There are five elements of the Business Environment. They are:

  • Economical Environment
  • Social Environment
  • Political Environment
  • Legal Environment
  • Technological Environment

Each of the 12 factors listed in the question must belong to one category of environment. They are classified as follows:

Explanation:

Economic Environment

  • Inflation
  • Economic Recessions
  • Investment Funds

Social Environment

  • Employees
  • Cultural Factors

Political Environment

  • Management
  • Political Factors
  • Business Structure
  • Entrepreneur
  • Geographical factors

Legal Environment

  • Employees
  • Business Structure

Technological Factors

  • Tools and Equipment
  • Technology applied

Cheers

We appreciate your time. Please come back anytime for the latest information and answers to your questions. Your visit means a lot to us. Don't hesitate to return for more reliable answers to any questions you may have. We're glad you chose Westonci.ca. Revisit us for updated answers from our knowledgeable team.