a) State clearly the difference between internal and the external environment of any business. Give at least two (2) examples of each to support your answer.   b) Identify one Jamaican industry you are familiar with. State and explain two (2) distinct opportunities for the industry and justify your response.   c) For the same industry identified above, state two (2) distinct threats for such organisations and justify your response.

Foundations of Business (MindTap Course List)
6th Edition
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Chapter1: Exploring The World Of Business And Economics
Section: Chapter Questions
Problem 4DQ
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a) State clearly the difference between internal and the external environment of any business. Give at least two (2) examples of each to support your answer.

 

b) Identify one Jamaican industry you are familiar with. State and explain two (2) distinct opportunities for the industry and justify your response.

 

c) For the same industry identified above, state two (2) distinct threats for such organisations and justify your response.

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