An analysis of external business environment should always include a review of the supply chain to determine ____________.
A)illegal trading
B)the power of buyers
C)the power of suppliers
D)unethical practices

Question

Quizplus · Accepted Answer

An analysis of the supply chain helps to determine the power and influence of suppliers in the market. This is a critical factor that can impact the prices, quality, and availability of goods or services. It can also affect the overall competitiveness of a business. Therefore, it is essential to evaluate the suppliers and their impact on the external business environment. A review of illegal trading, unethical practices, and other factors may also be necessary, but they are not directly related to the supply chain analysis. The power of buyers is also important, but it is a different factor that should be evaluated separately.

An Analysis of External Business Environment Should Always Include a Review