Question:

Business environment is not the study of:

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The business environment includes external factors influencing a company's operations, excluding internal efficiency metrics like the capital output ratio.
Updated On: Oct 27, 2025
  • Social environment
  • Economic environment
  • Legal environment
  • Capital output ratio
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The Correct Option is D

Solution and Explanation

The business environment focuses on factors like the social, economic, and legal environments that affect businesses. The capital output ratio is a measure of production efficiency, not part of the business environment study.
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