Business Environment Analysis: Internal vs External


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question 1 of 3

What is the external business environment?

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1. What is the internal business environment?

2. Why should you analyze both internal and external business environments?

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About This Quiz & Worksheet

The worksheet/quiz combo is a great tool for assessing your knowledge of business environment analysis. Internal and external environments are covered on the quiz.

Quiz & Worksheet Goals

The worksheet and quiz are designed to assess your knowledge of:

  • Meaning of a business environment
  • Examples of a condition in an internal environment
  • External business environments
  • Importance of analyzing both internal and external business environments

Skills Practiced

  • Reading comprehension - ensure that you draw the most important details from the business lesson
  • Information recall - access the knowledge you have gained regarding external business environments and their characteristics
  • Defining key concepts - ensure that you can accurately define main phrases, such as internal and external environments

Additional Learning

Gain more insights about these environments by working through the lesson, Business Environment Analysis: Internal vs External. The lesson can help you learn more about:

  • Components of a business environment
  • Differences between the internal and external business environment
  • Questions asked during an external or internal analysis
  • How to use the results of business environment analysis as shown in a sample scenario