Question

Finance, research and development, purchasing, and manufacturing are all activities that are a part of which element of the microenvironment?

Answer 1

finance research and development purchasing and manufacturing are all activities of economic activities and the activities is said to be economy activities when it is the song of exchange production is called economy activities

Answer 2

Finance research and development purchasing and manufacturing are all activities that are a part of the internal business environment.

• The internal business environment is those factors that are present inside the organisation.
• They are mostly in the hands of the management and they can make their choices and decisions according to their plan and policies.
• The finance manager takes care of the finance department and makes sure that the company uses the finance in the most optimum manner.
• The manufacturing department is responsible to produce want satisfying goods which can be sold in the market.