External environment could not be started, '%1' could not be found

Error constant SQLE_EXTENV_NOT_STARTED
ODBC 2 State ERROR
ODBC 3 State ERROR
Parameter 1 The component (executable or file) that could not be found and is needed to run the VM.
Severity 16
SQLCODE –675
SQLSTATE WP006
Sybase error code 13747
Probable cause

A problem was encountered starting the External Environment. A component that is needed to run the environment could not be found.