The external factors of business environment are controllable factors. (State with reason whether the given statement is true or false)
Answers
Answer:
The given statement is false, that external factors of a business environment are controllable factors.
Explanation:
External factors are like competition in a market, technological advancements which take place, social, legal and political changes which take place in an environment.
All of these factors are those which cannot be controlled by a business. This is so because these factors are not in direct control of the business owners, producers, entrepreneurs, etc.
Other factors may be controlled like the product, price, place and promotion of the good or service.
Answer:
This statement is False that is the external factors of the business environment are controllable because in business fully depended upon the CEO, Manager, and staff. Those are always active in the company's work. but the external factors are atmosphere, cost,market.these is the second factor which not effect to the company. All are not too much effect on the company.,so the company always cares for his staff the is a key factor for company.