Question : The internal environment of business includes factors that:
Option 1: Are beyond the control of the organization
Option 2: Influence the overall economic conditions
Option 3: Have a direct impact on the organization's day-to-day operations
Option 4: Determine the long-term strategic direction of the organization
Correct Answer: Have a direct impact on the organization's day-to-day operations
Solution : The correct answer is (C) Have a direct impact on the organization's day-to-day operations
The internal environment of business includes factors that have a direct impact on the organization's day-to-day operations. These internal factors are within the control of the organization, such as its employees, management, organizational culture, resources, and processes. They play a vital role in shaping the daily activities and operations of the business.