Internal & External Business Environment

What does the term "business environment" encompass?

• Only the internal factors affecting a business

• Only the external factors affecting a business
  
  

• Both internal and external factors affecting a business

• Neither internal nor external factors affecting a business

Which of the following is NOT considered part of the internal business environment?

• Organizational culture

• Company policies

• Economic conditions

• Human resources

SWOT analysis stands for:

• Strengths, Weaknesses, Opportunities, Threats

• Strategic, Workable, Operational, Tactical

• System, Workflow, Optimization, Technology
  
  

• Success, Weakness, Outlook, Trends

In a SWOT analysis, which factors are considered internal to the organization?

• Opportunities and Threats

• Strengths and Weaknesses

• Strengths and Opportunities

• Weaknesses and Threats

What does the 'P' in PESTLE analysis represent?

• People
  
  

• Profit

• Political

• Productivity

Which of the following is NOT a component of PESTLE analysis?

• Economic

• Social

• Technological

• Managerial

The internal business environment includes:

• Government regulations

• Organizational structure

• Market trends

• Supplier relationships

Which external factor would most likely be analysed under the 'L' in PESTLE?

• Labour laws

• Language barriers

• Logistics challenges

• Leadership styles

A company's mission statement is part of its:

• External environment

• Internal environment

• PESTLE analysis

• Competitive strategy

In SWOT analysis, which quadrant represents positive, external factors?

• Strengths

• Weaknessess

• Opportunities

• Threats