Question : Which of the following is NOT a component of the general environment
Option 1: Economic factors
Option 2: Technological factors
Option 3: Competitors
Option 4: Political factors
Correct Answer: Competitors
Solution : The correct answer is (C) Competitors
The general environment refers to the broad external factors that influence organizations but are not directly controlled or influenced by them. It includes factors that impact organizations across industries and sectors.
Competitors, while important, are typically considered part of the specific task or competitive environment rather than the general environment. Competitors directly interact with the organization and have a more immediate impact on its operations and performance. Therefore, the correct answer is C) Competitors.
Question : Which of the following is a component of the general environment?
Question : Which of the following is NOT a component of the competitive environment
Option 1: Suppliers
Option 2: Competitors
Option 3: Customers
Option 4: Technological advancements
Question : Which of the following is a component of the competitive environment?
Option 2: Customers
Option 3: Economic conditions
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