Final answer:
The statement is false as the internal environment of a firm refers to factors within the organization's control, unlike the external environment which includes elements outside the firm's direct control.
Step-by-step explanation:
The statement that a firm's internal environment contains elements that can impact the firm but are generally beyond its direct control is false. The internal environment of a firm usually refers to factors and forces within the organization that can be managed and altered through the company's efforts, such as its culture, employees, operations, and management. Conversely, the external environment comprises elements outside the firm's control, like the market conditions, competition, regulations, and economic trends. Understanding the distinction between internal and external environments is essential for strategic planning and management within a business context.