Question:
Define business environment.
Define business environment.
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A thorough analysis of the business environment helps organisations adapt to changes and remain competitive in the market.
Updated On: Oct 27, 2025
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Solution and Explanation
The business environment refers to the external and internal factors that influence a company's operations, decision-making, and performance. It includes economic, social, political, technological, and legal conditions that shape the opportunities and challenges faced by businesses.
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