ANSWER SHEET

ENTREPRENEURSHIP

Class No. __________ Date: _______________________

Name: _____________________________________ Module 2.1(Cycle 1 2021-2022)
Stand and Section: ___________________________ Mrs. Elena G. Villareal

Topic: The Physical and Societal Environment of Business

Answer the questions below:

1. Define the components of the internal and the external business environments. (5 pts.)

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2. What factors within the economic environment affect businesses?

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3. Why do demographic shifts and technological developments create both challenges and
new opportunities for business?

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