The Environmental Influences Listed Are All Internal, with the Exception

question 15

Multiple Choice

The environmental influences listed are all internal, with the exception of

• A) Slow Internet
• B) Limited office space
• C) Highly competent followers
• D) Simplistic task
• E) Flooding of the office

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Definitions:

High Failure Rate

A situation where a significant proportion of attempts or efforts in a particular endeavor result in failure.

Competitive Business

A business that actively strives for a superior position in the marketplace through strategies like innovation, quality improvement, and customer service enhancement.

Challenges of Growth

The difficulties and obstacles that a company or organization faces as it expands or increases in size.

Oligopolistic

Pertaining to a market structure where a few firms dominate the industry, often leading to limited competition.