Question
Mention four external business environments that may affect business operations positively.
Answer
-- Large population/demography
-- Favorable laws/favorable political situation
-- Good economic situation
-- Advanced/Availability of technology
-- Positive culture towards the business enterprise
-- Good infrastructure
-- Availability of markets
-- Political stability
-- Favorable cultural beliefs and practices
-- Lack of competition
-- Favorable natural physical features
-- Availability of favorable physical environment
-- Favorable laws/favorable political situation
-- Good economic situation
-- Advanced/Availability of technology
-- Positive culture towards the business enterprise
-- Good infrastructure
-- Availability of markets
-- Political stability
-- Favorable cultural beliefs and practices
-- Lack of competition
-- Favorable natural physical features
-- Availability of favorable physical environment
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