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Which of the following is most likely to be a dynamic element of a business's external environment:*1 pointDecrease in personnelIncrease in competitionRenewed emphasis on trainingNew quality control measures

Question

Which of the following is most likely to be a dynamic element of a business's external environment:*1 pointDecrease in personnelIncrease in competitionRenewed emphasis on trainingNew quality control measures

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Solution

The most likely dynamic element of a business's external environment from the options provided is an "Increase in competition".

Here's why:

  1. Decrease in personnel: This is an internal factor as it directly relates to the business's internal management and operations.

  2. Increase in competition: This is an external factor. The business has no control over the actions of its competitors. An increase in competition can change the business environment, making it more challenging for the company to maintain its market share.

  3. Renewed emphasis on training: This is an internal factor. Training is something that the business has control over and can be used to improve the skills of its employees.

  4. New quality control measures: This is also an internal factor. Quality control measures are implemented by the business to ensure the product or service meets certain standards.

So, the answer is "Increase in competition".

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