EXTERNAL ENVIRONMENT → INTERNAL ENVIRONMENT → EXTERNAL ENVIRONMENT Which of the following sequences can best fit into the structure above?

The sequence that can best fit into the structure above is: Material → production → product The structure suggests that there is an external environment, an internal environment, and then another external environment. In this case, the material represents the external environment, as it is the raw materials or resources that the company uses. Production represents the internal environment, as it is the process of turning those raw materials into finished products. Finally, the product represents the external environment again, as it is what the company offers to the market. The other sequences do not fit as well into the structure because they do not follow the flow from external to internal to external again, or because they do not represent the key elements of the business environment (such as materials, production, and products).