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The external environmental factors that affect a business cooperation are

The external environmental factors that affect a business cooperation are
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Economic, Social and legal
  • B Political, Culture and Labour
  • C Competition, Labour and Political
  • D Competition, Industry and Product.
Correct Answer: Option A
Explanation:
These Economic, social and legal elements affect the operation of business externally. If a business wants to be successful in the marketplace, it is necessary for them to fully understand what factors exert impact on the development of their enterprise.

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