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Delvig [45]
2 years ago
9

Identify the business environment associated with each of the following factors.

Business
1 answer:
Lady_Fox [76]2 years ago
6 0

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:

<em>Economic Environment</em>

  • Inflation
  • Economic Recessions
  • Investment Funds

<em>Social Environment</em>

  • Employees
  • Cultural Factors

<em>Political Environment </em>

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

<em>Legal Environment</em>

  • Employees
  • Business Structure

<em>Technological Factors</em>

  • Tools and Equipment
  • Technology applied

Cheers

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The second part of the question is somewhat ambiguous. The 2004 price decline could exceed or be exceeded by the 2005 price recovery. The loss in the first year is not related in amount and does not constrain the realized gain in the second year.

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