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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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