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21. Mention four external business environments that may affect business operations positively.

Sagot :

Final answer:

The response identifies and explains four external business environments that can positively affect business operations.


Explanation:

External business environments play a critical role in impacting business operations positively. Four key external environments that can influence businesses include:

  1. Economic Environment: Factors such as inflation rates, interest rates, and economic growth can significantly impact business operations.
  2. Technological Environment: Advancements in technology can create opportunities for businesses to innovate and improve efficiency.
  3. Political and Legal Environment: Government policies, regulations, and stability can affect how businesses operate.
  4. Social-Cultural Environment: Trends, demographics, and cultural norms can influence consumer behavior and demand.

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