Question

Understanding the _____ context means understanding the impact of elements such as the business environment, the legal/regulatory/compliance environment, as well as the threat environment.

Answer 1

It should be notrd that Understanding the external business environment means understanding the impact of elements of business.

What is business environment?

This are the factor around the business that can influence the business such as the government policy.

Therefore, legal/regulatory/compliance environment can influence business.

Learn more about business environment at

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