Question

Which external factors jeopardize the very existence of a business?​

Answer 1

Answer:

Answer. Answer: The economy, politics, competitors, customers, and even the weather are all uncontrollable factors that can influence an organization's performance.

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Answer 2

External factors that jeopardize the very existence of a business are-

• The operation and performance of a business can be impacted by external variables. The elements that affect performance may be internal or external, favorable or negative.
• As the business environment is constantly changing, every organization has very limited influence over external elements.
• These elements may make it difficult to exercise effective control. The influences may take the shape of altered environmental conditions, altered governmental policies, altered competitive environments, etc.
• The PEST acronym stands for four different categories of external factors.
• Political
• Economic
• Social
• Technological
• They may develop appropriate tactics to deal with any anticipated event once they are aware of both good and negative repercussions both inside and outside the firm.

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