Question:
Identify the correct features of Business Environment.
Identify the correct features of Business Environment.
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Remember the key features of Business Environment as: Complexity, Relativity, and Inter-relatedness — not certainty or static nature.
Updated On: Apr 24, 2025
- Certainty, relatively and independent
- Static, complexity and inter-relatedness
- Complexity, Relatively and inter-relatedness
- Relativity, static and complexity
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The Correct Option is C
Solution and Explanation
Business Environment is characterized by complexity due to various interrelated factors like political, economic, legal, and social influences. It is also relative as it differs from country to country or region to region, and the elements are highly inter-related, making it essential to understand the interconnected nature of external forces.
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