Question

The resources within an organization, used to achieve its goal, makes up _______ of a business.
1. external environment
2. internal environment
3. workers motivation
4. social responsibility

Answer 1

Correct Answer - Option 2 : internal environment

The correct answer is internal environment.

• The resources within an organization, used to achieve its goal, makes up the internal environment of a business. 
• Organizations have the following environments-
  • Internal environment / Microenvironment.
  • External environment / Macro Environment

• The internal environment generally consists of those elements that exist within or inside the organization such as physical resources, financial resources, human resources, information resources, technological resources, organization’s goodwill, corporate culture, goals and etc.
  • The internal environment includes everything within the boundaries of the organization.
  • Based on those resources, the organization can create and deliver value to the customer. This value is fundamental to defining the organization’s purpose, and the premise on which it seeks to be profitable.
• Factors outside or organization are the elements of the external environment.
  • The organization has no control over how the external environment elements will shape up.
  • The external environment embraces all general environmental factors and an organization’s specific industry-related factors.