Question

Which of the following groups consists entirely of dimensions of the external environment of a business?

Options

• Natural, Social, Political, Economic, Technological, Legal

• Shareholders, Managers, Employees, Unions

• Shareholders, Unions, Natural, Technological

• Managers, Employees, Economic, Legal

Answer 1

The external environment (uncontrollable) is made up of six dimensions: Natural, Social, Political, Economic, Technological, and Legal. Shareholders, Managers, Employees, and Unions are internal elements and therefore cannot be part of this group.