The external environmental factors that affect a business cooperation are
-
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.