Question

In recent years, security regulations enacted through the Transportation Safety Administration have affected Southwest Airlines. These regulations are part of the ________ affecting this airline.

Answer 1

Answer:

external environment

Explanation:

The external business environment can be regarded as factors such as

economic, legal as well as political and social outside the business that influence the business in one way or the other. It is necessary for the manager of the company to know how the environment is changing and the impacts of it on the business.

Legal environment. Examples of external environment are;

✓Competitive environment.

✓Global environment.

✓Technological environment.

✓Social environment.